According to Wu Blockchain, in response to criticism about the slow progress of Solana DEX, Solana co-founder Anatoly Yakovenko stated that building a DEX on a permissionless Layer 1 that can compete with Binance in terms of price competitiveness is much harder than creating a centralized exchange. As a result, the development cycle is longer, and the cost of failure is higher. He mentioned that the bid-ask spread for spot trading in the Solana ecosystem has already narrowed to levels close to Binance. The next goal is to further improve the spread performance in the perpetual contracts market. As for how much market share and product-market fit the related teams can ultimately achieve, that will depend on market demand. The current primary task of the ecosystem is to reduce technical barriers for developers. https://(wublock123.com)/news/anatoly-yakovenko-on-solana-dex-slow-progress-focus-lower-dev-barriers-60985