That is an interesting topic I've been thinking about.
Crypto is generally decentralized but the exchanges with usually use are not.
Why is that?
According Binance analysts:
Decentralized perpetual exchanges have experienced rapid growth with daily volumes exceeding US$65–70 billion and the DEX-to-CEX volume ratio reaching a record 18% in September. Aster leads this trend, currently accounting for over half of daily on-chain perpetual activity – largely driven by incentive programs, liquidity innovations, and increased market participation. This momentum marks a structural shift positioning decentralized perpetuals as a core venue for crypto derivatives trading.
On a separate note it is great to see that STEEM is slowly growing up since the drop yesterday!
If you haven't so far, buy now and thank me later. It isn't exactly gambling!
Bitcoin hasn't lost big if we have to be honest with ourselves.
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