
Colin Wu|Aug 08, 2025 03:54
It seems difficult for new players to emerge in future offshore centralized exchanges.
The first is that the technical barriers and trading engine system of the top CEX have become complex and profound
The second is that the potential user base has been completely divided, making it difficult for new users to send back
Recently, many players with good strength have been trading on the exchange, but they haven't even made it to the third tier
However, there are still many opportunities for centralized exchanges, and Hype Pumpfun Gmgn can be considered as successful cases in this cycle
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