Binance hack could accelerate shift to DEXs: Standard Chartered
Summary
Standard Chartered digital-assets research head Geoffrey Kendrick says the Binance hack could accelerate traders’ shift from centralized exchanges to decentralized exchanges, potentially benefiting Uniswap over time. He advised investors to wait for more details and the release of frozen assets before assessing market effects, while maintaining a $100 UNI target for 2030. CoinGecko data put the top-10 DEX-to-CEX spot trading ratio at 23.5% in Q2 2026, up 2.1 percentage points quarter over quarter. After the breach, crypto prices fell: BNB lost over 8% in 24 hours, while UNI and AAVE dropped 10.4% and 11.3%, respectively.
