On October 11 , the crypto market witnessed a liquidation of more than 20 billion USD , one of the strongest "position wiping" waves of the year. In just a few hours, a series of traders had their accounts blown out , the prices of key assets plummeted and an atmosphere of panic enveloped the entire market.
More than just a crash, this is a brutal test of confidence in the CEX (centralized exchange) system. After a series of allegations of liquidation manipulation, many investors began to wonder:
“Are my assets really safe in the hands of CEX exchanges?”
And that is also the time when the trend of shifting to DEX (decentralized exchange) is mentioned more and more, where users have full control over their assets, no longer depending on intermediaries.
But is DEX really a “safe zone” in the midst of market storms? And what lessons can investors who lost money in the recent 20B crash learn?

🎙️ Let's find the answer with Followin in:
#AMA Series | Episode 37: CEX or DEX - What can we learn from the historic crash?
⏰ 20:00 | October 24, 2025
📍 Livestream directly on Facebook & X of Followin Vietnam
👨 Host: Peter Bui – Head of Research at Followin
🎤 Special guests:
1️⃣ Khang Ky - Marketing at Impossible
2️⃣ Hoang - BDM at Copin
In this AMA 37, we will discuss:
🔹 Analyze the causes and assessments of the crash, and predict the possibility of similar fluctuations in the future.
🔹 Learn lessons from investors' losses, Chia how to respond in panic sell situations .
🔹 Discussing the accusations against CEX exchanges after the liquidation and the possibility of promoting the shift to DEX .
🔹 Predict the next market trend , especially in the context of declining confidence in CEX.
🔹 Give advice to new investors , help them stay steady and avoid mistakes in future crashes.
🎁 Special:
The top 5 best questions selected by the BTC will immediately receive a 500,000 VND bonus!
Leave your question during the livestream for a chance to be on air with the expert and receive gifts!
Join #AMA37 now to hear insights from experts and find the answers for yourself.