Dubai, United Arab Emirates, November 3rd, 2025, Chainwire
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, recently showcased its vision at Blockchain Life 2025—a pivotal Web3 and blockchain forum that attracted a staggering 16,730 attendees from 130 countries. This event not only reinforced Dubai’s status as a leading crypto hub but also highlighted Bybit’s dedication to integrating centralized and decentralized finance.
The Future Lies in Convergence
Emily Bao, Bybit’s Head of Spot, Founder of Byreal, and Key Advisor of Mantle, presented a compelling session titled “DEX vs CEX: Evolution of Exchange and New Competition.” She emphasized the need for a holistic transformation within the cryptocurrency landscape, drawing attention to the complementary strengths of both centralized and decentralized exchanges.
“CEXs remain the cornerstone of the crypto industry, commanding the lion’s share of active users and providing the deepest, most reliable liquidity in the market,” Emily said. “However, perceptions matter. CEXs operate within private infrastructure, while DEXs are seen as an embodiment of transparency and the open-source principle that originally defined blockchain technology.”
This duality presents unique opportunities for innovation. Emily emphasized that the ongoing convergence will ultimately benefit users by merging the best features of both worlds.
“Opportunities lie at the inflection point where the boundaries between CEX and DEX are becoming increasingly fluid,” Emily said. “Users today can now access DeFi projects and protocols directly through CEXs, while simultaneously enjoying CeDeFi products on decentralized protocols.”
“I think we have many opportunities right now. We can see this convergence between CEX and DEX. You can access DeFi projects and protocols through the central exchange and also enjoy CeDeFi products on DeFi protocols and projects as well,” she stated.
Celebrating the Bybit Community at Blockchain Life 2025
The 15th edition of Blockchain Life not only showcased Bybit’s commitment to thought leadership but also emphasized the vibrant crypto community in Dubai. With over 160 speakers from prominent organizations such as Telegram, Tether, and Google Cloud, the event became a melting pot of ideas discussing digital assets, Web3 insights, and mining strategies.
Bybit’s participation went beyond mere presentations. Its booth attracted more than 2,000 visitors, including leading tech communities and institutional representatives. The excitement continued with giveaway activities, where over 400 participants received exclusive Bybit merchandise, fostering a sense of community among attendees.
#Bybit / #CryptoArk / #IMakeIt
About Bybit
Founded in 2018, Bybit has rapidly ascended to become the world’s second-largest cryptocurrency exchange by trading volume. It serves a global community of over 70 million users, striving to promote a simpler, more equitable ecosystem for everyone. With a strong commitment to Web3, Bybit partners with leading blockchain protocols to deliver robust infrastructure and support on-chain innovation.
Renowned for its secure custody and user-friendly experience, Bybit bridges the gap between traditional finance (TradFi) and decentralized finance (DeFi). The platform empowers builders, creators, and enthusiasts to unlock the full potential of Web3, making it a pivotal player in the evolving landscape of cryptocurrency.
For more information about Bybit, please visit Bybit Press.
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Tony Au
Bybit
tony.au@bybit.com
