Decentralized finance's rigid adherence to maximal decentralization has created systemic performance bottlenecks, according to industry experts. While blockchain's foundational principles emphasize censorship resistance and permissionless access, these ideals often come at the cost of practical usability for high-frequency traders and institutional participants.
Traditional finance's evolution in the 1990s demonstrated how electronic trading platforms could transform market efficiency. Where TradFi achieved 【millisecond-level】 execution speeds through specialized infrastructure, current DeFi systems struggle with Ethereum's 12-15 second block times and MEV vulnerabilities. ——This performance gap is driving serious traders toward centralized alternatives—— despite DeFi's philosophical advantages.
The emerging MVD concept proposes a middle ground: preserving core decentralization benefits while optimizing for trader needs. Technical benchmarks include:
• Sub-100ms block confirmation
• 99.999% platform uptime
• MEV-resistant transaction ordering
Early adopters like Hyperliquid and Aevo demonstrate that derivatives markets could process 【$351 trillion】 by 2031 if infrastructure limitations are addressed.
Protocol designers now face critical architecture choices. Layer-1 chains and rollups must evolve beyond binary decentralization debates to support:
1. Parallelized execution environments
2. Lean validator sets with fast finality
3. Predictable settlement windows
As institutional crypto adoption grows, the projects balancing these technical requirements with blockchain's core values may define DeFi's next evolution phase.