On March 24, according to CZ's latest post on the X platform, at 00:17 on March 24 Vietnam time, the former Binance CEO conducted a first-time on-chain Futures Contract trading test through the APX Finance platform.

Specifically, CZ opened a Longing order for the Mubarak token, a digital asset currently priced around $0.149, with a take-profit set at $0.165. He said the purpose of this test was to experience the on-chain trading process and check whether MEV (Miner Extractable Value) still exists in the system.

Notably, CZ revealed that he had never traded Futures Contracts on the Binance platform, only observing through product introduction sessions. He also shared that the on-chain trading experience still cannot be compared with centralized exchanges (CEX) in terms of performance and utility. At the same time, CZ affirmed that he has no intention of becoming a trader.