- New DeFi tokens get bootstrapped on decentralized exchanges, but centralized exchanges still play an important role
- Following listings on centralized exchanges, DeFi tokens have soared in price – both BAL and YFI are up by about 50%
- Binance is the most active Tier 1 exchange when it comes to listing DeFi governance tokens
- Bitstamp and Gemini are withholding from listing DeFi tokens completely
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