# DEXes are the most efficient liquidity mechanism in crypto

- **Speaker:** Greg Osuri
- **Attribution:** attributed
- **Said:** 2021-06-26
- **Theme:** Crypto & DePIN — https://www.gregosuri.com/predictions/crypto-depin/
- **Source:** The Unstoppable Livestream w/ Sunny Aggarwal & Greg Osuri (Akash Network)
- **Watch at:** 00:08:27 — https://www.youtube.com/watch?v=-1tcbW9WZOQ&t=507s
- **Canonical:** https://www.gregosuri.com/predictions/crypto-depin/2021-06-26-dexes-are-the-most-efficient-liquidity-mechanism-i-mlta/
- **Cite as:** Greg Osuri, "DEXes are the most efficient liquidity mechanism in crypto," The Unstoppable Livestream w/ Sunny Aggarwal & Greg Osuri (Akash Network), 26 Jun 2021, 00:08:27. https://www.youtube.com/watch?v=-1tcbW9WZOQ&t=507s

## Quote — verbatim

> None of the centralized exchanges could actually provide \[that\] kind of liquidity to us, and that's a testament on why a decentralized exchange is the most efficient liquidity provisioning mechanism in crypto.

## Context — site annotation, not spoken

After citing ~$13M of AKT liquidity on Osmosis and under 2% slippage on a $50K transaction — "the best liquidity we had in history."