Wintermute exec raises concerns over CeFi price discovery, urges more DeFi usage
Yoann Turpin, co-founder of Wintermute, highlights inefficiencies in price discovery in centralized finance and OTC markets, urging greater DeFi adoption. He criticizes centralized exchanges like Binance for favoring large players through private deals, skewing opportunities against common buyers. Turpin stresses that market makers should enable fair price discovery by providing liquidity for all. He emphasizes DeFi’s potential to address these challenges and notes Wintermute’s focus on fair practices and liquidity in decentralized ecosystems.

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