The future of crypto trading is hybrid — Interview with Phemex

cointelegraph.com:

Traditional finance (TradFi) prioritizes security, while decentralized finance (DeFi) champions innovation and accessibility. Combining the strengths of centralized (CEX) and decentralized (DEX) exchanges in hybrid exchanges can unleash innovation and enhance asset security.

With hybrid exchanges, users can trade directly on-chain without intermediaries, and more investors can leverage DeFi features while maintaining CEX security and liquidity. Phemex, a top 5 cryptocurrency exchange, has been embracing decentralization and pioneering a hybrid operational model. Its Web3 ecosystem combines decentralized decision-making with centralized efficiency, while its upcoming native token will allow holders to actively participate in the governance of the Phemex DAO.

Stella Chen recently assumed the role of chief operating officer (COO) at Phemex, transitioning from her previous position as chief marketing officer (CMO). In this interview, Chen delves into her new role, the future of crypto trading, and Phemex’s Web3 initiatives.

Cointelegraph: You were recently promoted to chief operating officer at Phemex. Could you tell us more about how your role has evolved and what responsibilities you have now in your new position?

Stella Chen: Yes, I recently assumed the position of chief operating officer at Phemex, transitioning from my prior role as chief marketing officer. I will continue to lead our marketing initiatives, with my primary focus shifting to overseeing the development and execution of strategic plans, as well as managing day-to-day business operations. At Phemex, we are on the verge of an exciting undertaking with the launch of our Web3 ecosystem. I am thrilled to be leading this groundbreaking initiative in my role as