BlockBeats News, June 2nd, Binance founder CZ posted on X, saying, "Given the recent events, I think now might be a good time to launch a dark pool perpetual decentralized exchange (DEX). I have always been puzzled by everyone on DEX being able to see your order in real-time. On a decentralized exchange with liquidation, this issue is even more severe. Even in a centralized exchange (CEX) order book, orders are not associated with specific individuals, but if you want to buy $1 billion worth of a cryptocurrency, you usually wouldn't want others to notice your order before it is completed. Otherwise, others might front-run you, essentially engaging in front-running. In DEX, this could lead to MEV attacks. This would result in increased slippage, worse pricing, and increased cost for you. Therefore, large traders in TradFi use dark pools, which are typically 10 times larger in scale than the 'light pool' (i.e., regular order book)."

"For perpetual contracts (or futures), it is even more critical not to let others know/see your order. If others can see your liquidation point, they may try to push the market to liquidate you. Even if you have $1 billion, others may collude to deal with you. This may be what we have recently seen."

"The opposing view I see is that increased transparency can help market makers absorb your large orders. This may be true. I don't want to argue which view is right or wrong. Different traders may prefer different types of markets. Now may be a good time to launch an on-chain dark pool-style DEX + perpetual contract, either by not displaying the order book or, preferably, by not displaying smart contract deposits at all, or by waiting a long time before displaying. This could be achieved through zero-knowledge proofs or similar encryption technologies."