[Caixin: Binance Hack May Present Opportunity for DEXs; Trading Volume and Locked Value Surge After "Taking Over"] Odaily Planet Daily reports that the Binance hack may present an opportunity for decentralized exchanges (DEXs). Every time a large centralized exchange (CEX) experiences a sudden major security incident or trust crisis, DEXs and the entire DeFi sector experience significant funding and development opportunities, and this time is no exception. The advantage of DEXs is that their security is guaranteed by computers and cryptography, preventing them from being compromised due to social engineering attacks that could implant malware. DEXs also have enforced on-chain rules, such as time locks and automatic circuit breakers. Even if a hacker obtains the keys, they must still abide by the rules set in the contract. This security incident has once again sounded the alarm regarding "Not your keys, not your coins." Many users, concerned about the security of centralized custody, will withdraw their assets to personal cold wallets or on-chain non-custodial wallets. Once these assets flow back onto the blockchain, the trading, liquidity mining, and wealth management needs of these idle funds will be directly met by leading DEXs such as Uniswap and Jupiter, driving a short-term surge in DEX trading volume and total value locked (TVL). (Caixin)