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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.

- 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.