☘️Talk about the future of #CeFi & #DeFi.

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🌀https://twitter.com/JayHao8/status/1282918247185014784
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From #CeFi to #DeFi in one picture.

The amount of fees on #Ethereum spent on $ETH deposits to centralized exchanges has fallen from ~25% in 2017 to less than 1% today.

Almost all fees spent on txs involving centralized exchanges in the past months were used for ETH withdrawals.