Gate Founder Dr. Han: The Crypto Market Enters a New Stage of "Dual-Engine Drive with CEX and DEX"

On September 4th, the founder and CEO of Gate, Dr. Han, delivered a keynote speech at the WebX 2025 Summit in Tokyo. He systematically expounded on the key roles of centralized exchanges (CEX) and decentralized exchanges (DEX) in promoting the mass adoption of Web3. Dr. Han pointed out that the long-term trend of user growth, the dual-track evolution of the market structure, and the trade-off between security and compliance jointly shape the new landscape where "CEX serves as the global capital gateway and DEX acts as the on-chain finance and innovation engine." Dr. Han cited data showing that the global crypto user base has approached 700 million, accounting for 10% of the global population. The total crypto market capitalization is $3.02 trillion, officially ranking as the world's fourth-largest asset. He predicted that by 2030, crypto assets are expected to rise to $41.8 trillion, second only to gold. In terms of trading patterns, DEX has captured 23% of the spot trading volume, while the locked-in amounts of CEX and DEX are nearly equal. However, security and compliance still pose key challenges. 59% of hacks occur on DEX and Web3 platforms. Gate has obtained licenses in multiple jurisdictions and acquired a licensed exchange platform in Japan and continues to enhance its global compliance layout. Dr. Han stated that the future of Web3 is not determined by whether DEX replaces CEX but by how they complement each other. He reiterated his firm belief in the prospects of Web3: "The next-generation financial order will be built on-chain, and the popularization of Web3 is not a choice but an inevitability."