Perp DEXs still don't work for institutions, consensus panelists explain why
CoinDesk
Consensus panelists argue that security risks and regulatory friction prevent institutional investors from adopting perpetual decentralized exchanges.Summary
At the Consensus Miami conference, industry experts discussed why institutional investors remain hesitant to utilize perpetual decentralized exchanges (perp DEXs). Panelists, including Wizard of SoHo, Michaël van de Poppe, and Michael Anderson, highlighted that frequent security exploits, such as the recent Drift hack, create a “minefield” for large-scale capital. Furthermore, the fundamental tension between DeFi’s permissionless, anonymous architecture and the strict KYC and compliance requirements of institutional firms remains a primary barrier to entry. While centralized exchanges offer robust tooling and regulatory safety, DEXs struggle to match these features while maintaining their decentralized nature.
(Source：CoinDesk)