Fees, collateral give DeFi edge as TradFi eyes crypto loans: 1inch exec

Key Points

1. 1inch co-founder Sergej Kunz highlights DeFi's user experience, wider collateral support, and market-driven fee optimization as key advantages over TradFi.

2. DeFi platforms typically have lower fees compared to TradFi services, which helps attract users.

3. Permissionless access remains a defining strength of DeFi, offering composability, censorship resistance, and flexibility.

4. JPMorgan's potential entry into crypto lending is viewed as a net positive, bringing infrastructure and legitimacy to the market.

5. DeFi may need to evolve into separate tracks for retail and institutional users to cater to different needs.