[Industry Insiders: Institutions Avoid Perpetual DEX, Security and Compliance Are Key] According to a report by CoinDesk, during the forum at Consensus Miami, several industry insiders stated that institutional investors are still avoiding perpetual contract decentralized exchanges (Perp DEX). Veteran trader Wizard of SoHo pointed out that the Drift platform recently suffered a $2 million hack, exposing security vulnerabilities in DeFi. Anderson from Canary Labs stated that DeFi's security and KYC compliance issues are the main obstacles to institutional adoption. MN Fund founder Michaël van de Poppe believes that AI trading tools are the evolution of algorithmic trading, and future trading will be fully automated.