Industry Insiders: Institutions Are Avoiding Perpetual DEXs, Security and Compliance Are Key Factors

According to CoinDesk, at the Consensus Miami forum, several industry insiders stated that institutional investors are still avoiding perpetual contract decentralized exchanges (Perp DEX). Veteran trader Wizard of SoHo pointed out that the Drift platform recently suffered a $2 million hacking attack, exposing security vulnerabilities in DeFi. Anderson from Canary Labs said that DeFi's security and KYC compliance issues are the main barriers to institutional adoption. MN Fund founder Michaël van de Poppe believes that AI trading tools are the evolution of algorithmic trading, and that trading will be fully automated in the future.