DeFiance Capital CEO Arthur Cheong emphasized the advantages of decentralized finance (DeFi) over centralized finance (CeFi) in terms of transparency and fairness. In a recent tweet, Cheong noted that while DeFi excels in these critical areas, it still faces challenges in matching the distribution and user base of centralized exchanges (CEX). Cheong's comments highlight the ongoing evolution and competition between DeFi and CeFi platforms as they vie for market dominance.