Perp DEXs still don’t work for institutions, consensus panelists explain why
Institutional investors are increasingly exposed to Bitcoin Bitcoin$79,493.04 and other major tokens are traded through ETFs and centralized exchanges. However, panelists told Consensus Miami that they are largely staying away from decentralized exchanges (DEXs) offering perpetual (perp) futures related to cryptocurrencies and tradfi assets, citing security risks and a mismatch between DeFi’s permissionless design and…