OKX President Hong: DEX and CEX are complementary, driving the development of self-custody

ChainCatcher news, OKX President Hong stated in an interview with CoinDesk that although DEX trading volume on the OKX platform has increased by 20 times, DEX and CEX are not opposing forces but rather complementary. Hong added that crypto-native users need the reliability of CEX while leveraging DEX to capture innovative opportunities. She stated that this supply-demand dynamic will drive further adoption of DEX to achieve innovation, while also supporting the gradual maturation of the regulatory framework for the crypto industry.

In addition, when discussing the dynamics of the Trump administration's proposal to "make Bitcoin a national strategic reserve," Hong expressed a cautious attitude but did not rule out the possibility that smaller sovereign nations or certain states might take the lead in trying it out. The crypto industry is full of uncertainties, and anything is possible. Hong further pointed out that if the Trump administration fails to deliver on its crypto promises, it could quickly dampen the bull market. In her view, the biggest potential risk remains the issue of excessive centralization. The best solution to this is self-custody—a "vaccine" that OKX believes the market is rapidly accepting.