The Binance hack may prompt a return of user assets, driving a surge in DEX trading volume and total value locked.

The Binance hack prompted users to withdraw their assets to personal cold wallets or on-chain non-custodial wallets. Leading DEXs such as Uniswap and Jupiter will absorb the trading, liquidity mining, and wealth management needs following the return of these assets, driving a surge in trading volume and total value locked (TVL) on DEXs in the short term. (Source: Caixin)