The Centralized Exchange Monopoly: A Barrier to True Decentralization and Community-Driven Liquidity in Token Launches
Year: 2025
Type: article
Abstract: Despite the ethos of decentralization in blockchain ecosystems, token launches frequently face centralization bottlenecks, primarily through centralized exchange (CEX) listings. This research explores how bypassing community-provided liquidity pools (LPs) at launch and prioritizing CEX listings undermines decentralization. We analyze the adverse effects on community empowerment, price discovery, and token economics. The paper advocates for decentralized liquidity provisioning models to ensure equitable growth and sustainability.
Author: Lars J. Mikkelsen
Language: English
Subfield: Information Systems
Field: Computer Science
Domain: Physical Sciences
SDG: Reduced inequalities
Open Access status: diamond
OpenAlex ID: W4410074838
