Binance Proposes Dark Pool DEX to Combat DeFi Vulnerabilities

Binance co-founder Changpeng "CZ" Zhao has unveiled a groundbreaking proposal to tackle key challenges in decentralized finance (DeFi) by introducing a dark pool perpetual swap decentralized exchange (DEX). This initiative comes in response to a $100 million liquidation event on Hyperliquid, highlighting the urgent need for solutions to protect large traders from front-running, MEV bot attacks, and liquidation hunting. CZ emphasized that the transparency of current DEXs often exposes large orders, making them vulnerable to exploitation. His proposed dark pool DEX would allow significant transactions, such as a $1 billion coin purchase, to remain concealed until execution, thereby leveling the playing field for institutional and whale traders. This development underscores Binance’s continued leadership in innovating solutions for the cryptocurrency ecosystem, addressing critical pain points while fostering greater trust and adoption in DeFi.

Binance’s CZ Calls for Dark Pool DEX After $100M Hyperliquid Liquidation

Binance co-founder Changpeng "CZ" Zhao has proposed a novel solution to address vulnerabilities in decentralized finance: a dark pool perpetual swap DEX. The initiative aims to shield large traders from front-running, MEV bot attacks, and liquidation hunting—issues exacerbated by the transparency of current DEXs.

"If you’re looking to purchase $1 billion worth of a coin, you wouldn’t want others to notice until it’s completed," Zhao remarked. The visibility of orders and liquidation thresholds on perpetual DEXs enables bad actors to manipulate prices, triggering cascading liquidations. The proposal follows a $100 million liquidation event on Hyperliquid, intensifying debate over DeFi’s structural risks.

BNB Holds Steady Above $650 Amid Market Volatility

Binance Coin (BNB) demonstrates resilience, maintaining its position above $650 despite heightened volatility in global markets. The cryptocurrency briefly tested $664 before retreating, with robust trading volume reinforcing support at $650. Market turbulence follows renewed trade tensions sparked by recent tariff announcements.

BNB’s strength stems from accelerating growth within the BNB Smart Chain ecosystem. Daily transactions have surged to 14 million, while decentralized exchange volume jumped 50% month-over-month. BNB Chain-based DEXs processed over $150 billion in 30 days, outperforming rivals ethereum and Solana.

Technical indicators show short-term exhaustion after BNB failed to break key resistance. Yet the asset’s fundamental backing - marked by surging on-chain activity and ecosystem adoption - provides notable insulation against macroeconomic pressures affecting broader crypto markets.