On-chain Data Analysis: After Frequent CeFi Collapses, Will DEX Become Mainstream?

The frequent collapses of 3AC, Celsius, FTX, and BlockFi have caused a serious trust crisis in the entire CeFi field. Especially FTX, as a representative CEX, had daily trading volumes of $10-15 billion before its collapse. FTX's collapse made users realize that the inability to verify on-chain whether their funds have been misappropriated is a very serious problem.