Recently, the Mars Blockchain POW'ER 2020 DeFi Innovators Conference was held in Shenzhen. Focusing on the DeFi sector, the conference brought together over 100 leading figures from the domestic and international DeFi industry to share profound insights on DeFi's development. Jay Hao, CEO of OKEx, was invited to speak at the event, where he shared his views on the long-term strategy for centralized exchanges within the DeFi ecosystem beyond the current hype.
Jay Hao stated: "Current DeFi projects still face issues such as smart contract security risks, high operational barriers, and price volatility. Amid the current enthusiasm, users may overlook these concerns. However, exchanges cannot simply focus on short-term market trends; they must plan ahead, establish product advantages early, and pay attention to the long-term application value that DeFi brings."
It is reported that OKEx plans to lead the industry by launching a comprehensive suite of DeFi applications on its trading chain, including a full-service DEX, lending platforms, stablecoins, and more.
