YZi Labs Invests $10M in Genius Terminal for Onchain Trading Innovation

YZi Labs, previously known as Binance Labs, has invested $10 million in Genius Terminal, a professional trading platform focused on high-speed onchain operations.

  • Changpeng Zhao (CZ), co-founder of Binance and YZi Labs, will serve as an advisor to Genius Terminal.
  • The investment aligns with YZi Labs' goal to support infrastructure that competes with centralized exchanges (CEXs).
  • Genius aims to integrate the benefits of CEXs into decentralized platforms, focusing on privacy and high-velocity transactions.
  • Ella Zhang and Alex Odagiu from YZi Labs praised the initiative's potential to offer a sophisticated trading experience akin to traditional financial terminals.

DEX-CEX Volume Ratio Trends

  • The volume ratio between decentralized exchanges (DEXs) and centralized exchanges (CEXs) is increasingly favoring DEXs by 2026.
  • Self-custody and credible neutrality are driving users towards DEXs.
  • CoinGecko reported a growth in the DEX-CEX ratio from 6% in November 2021 to 21.2% by late 2025, peaking at 37.4% market share in June 2025.

DEX to CEX spot volume ratio from January 2021 to November 2025 | Source: CoinGecko

  • Centralized platforms like Bitfinex have responded to these shifts, reducing trading fees to zero to regain market share.
  • PancakeSwap, a leading DeFi protocol on the BNB Chain, has proposed reducing its governance token supply, CAKE.