Hack Seasons Interview Business Markets Technology
May 26, 2025

Gleb Gora on DeFi Challenges in Retail and E-commerce

In Brief

DeFi’s role in retail and e-commerce is being challenged by projects that are cutting corners to save costs. DeFi is growing and consolidating, but not fully replacing centralized platforms. CeFi and DeFi coexist long-term, with Vortex planning to open a venture capital branch.

When it comes to DeFi’s role in retail and e-commerce, Gleb points out a pretty common issue lately: projects cutting corners on market-making to save money.

“Lots of projects are getting delisted from exchanges because they try to save on market making costs — skipping certain exchanges or switching to cheaper providers. But that backfires. They lose the very listings they paid big money for.”

He notes that while many projects are launching on decentralized exchanges first, the reality is that once they hit a certain size, they almost always move back to centralized exchanges — whether by choice or by surprise.

“I wouldn’t call myself a DeFi maximalist. Centralized exchanges aren’t going anywhere, and a lot of volume still happens there. DeFi is growing and consolidating though, and the trading volume there is often cheaper since you don’t have listing fees.”

Gleb expects CeFi and DeFi to coexist long-term, with DeFi continuing to grow but not fully replacing centralized platforms.

Looking ahead, Vortex is planning to open a venture capital branch that will invest in equity — not just tokens — which is a bit unusual for market makers.

“We hope to launch that this year. It’s unconventional, but we think it’s a smart move to diversify and grow.”

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Victoria brings an analytical background to the crypto and Web3 space. She covers digital assets, blockchain trends, and artificial intelligence, translating complex developments into accessible editorial content.

More articles
Victoria
Victoria

Victoria brings an analytical background to the crypto and Web3 space. She covers digital assets, blockchain trends, and artificial intelligence, translating complex developments into accessible editorial content.

How Minmax Is Building The Professional AI Trading Terminal Prediction Markets Still Lack In 2026

Minmax processed roughly $100,000 in volume in the first three days of June, most of it through ...

Know More

The Calm Before The Solana Storm: What Charts, Whales, And On-Chain Signals Are Saying Now

Solana has demonstrated strong performance, driven by increasing adoption, institutional interest, and key partnerships, while facing potential ...

Know More
Read More
Read more
Gate Update: Semiconductor Boom, Regulatory Milestones, And New Products Define A Pivotal Week For Gate
News Report Technology
Gate Update: Semiconductor Boom, Regulatory Milestones, And New Products Define A Pivotal Week For Gate
June 26, 2026
Hyperliquid Responds To MAS Alert List As Singapore Tightens Oversight Of Unlicensed Crypto Platforms
News Report Technology
Hyperliquid Responds To MAS Alert List As Singapore Tightens Oversight Of Unlicensed Crypto Platforms
June 26, 2026
MEXC Reports 142% Surge In MU Futures Trading Volume Following Strong Micron Earnings Results
News Report Technology
MEXC Reports 142% Surge In MU Futures Trading Volume Following Strong Micron Earnings Results
June 26, 2026
Google Enhances Finance Platform With AI-Powered Tools For Personalized Investment Analysis And Market Tracking
News Report Technology
Google Enhances Finance Platform With AI-Powered Tools For Personalized Investment Analysis And Market Tracking
June 26, 2026