Centralized Exchange Embraces Decentralized Finance: Leveraging Distribution Advantages to Promote on-chain Financial Development

This article describes how centralized exchanges are actively embracing decentralized finance (DeFi) by leveraging their distribution advantages. Background: In recent years, centralized exchanges have migrated their operations on-chain, leveraging their large user bases to drive DeFi growth. Main Cases: 1. A trading platform launched Byreal, a Solana-based decentralized exchange, combining Revive Vault, a yield product, and Reset Launch, a token issuance platform, to realize the combination of on-chain trading and centralized exchange liquidity. 2. A trading platform announced that it will integrate the DEX on the Base Chain directly into its exchange, supporting Gas-free trading, driving the price of AERO, the token of the largest DEX Aerodrome on the Base Chain, to increase by 52%. 3. A trading platform drove the adoption of its wallet and the development of the BNB Chain ecosystem through an alpha activity, using a DEX to support on-chain transactions, significantly increasing trading volume. Significance and impact: These cases show that the DeFi ecosystem has matured and is secure, and centralized exchanges are able to integrate DeFi infrastructure under a compliance framework to drive more funds into the on-chain economy.