Show notes
Last Friday, billions evaporated in a liquidation cascade—and nobody knows exactly what happened because centralized exchanges won't share the data.In this sponsored episode recorded at Aptos' NYC event, Aptos CEO Avery Ching says if their Decibel perpetual exchange had been live, traders would have seen every order, every spread change, every liquidation in real-time onchain. But while critics argue existing perp DEXs like Hyperliquid are already decentralized, Ching says most still match orders off-chain in black boxes.Avery explains why Decibel (launching Q1 2026) will be different, how 500 million Indian users are coming to crypto through Reliance Jio's Jiocoin, and why Aptos partnered with World Liberty Financial despite VCs calling it "garbage in your living room."Guest: Avery Ching, CEO & Co-Founder, AptosLinks: The Composable Global Exchange Engine, by Avery Ching, CEO Aptos Aptos Post: The fully onchain trading engine built by Decibel Foundation Previous coverage of Unchained on Black Friday: Crypto’s Black Friday Was Its Largest Liquidation Ever. What the Hell Happened?Timestamps:🎬 🧭 💡 💾 🎥 ⚡ 🧩 🔎 💵 🇮🇳 🌏 🏦 🛡️ 🔚 42:18 Closing thoughts and Avery’s vision for onchain transparency Learn more about your ad choices. Visit megaphone.fm/adchoices
