Despite this summer's success for Ethereum (ETH)-based decentralized exchanges (DEXes) like Uniswap and its fork SushiSwap, the SushiSwap saviour and CEO of centralized crypto derivatives exchange FTX, Sam Bankman-Fried, argued that Ethereum – as it is now – is not the best place to host an exchange. Speaking at the LA Blockchain Summit yesterday (October 7), he said that "Ethereum cannot host an exchange," and that "it's not a sustainable solution, at least not with Ethereum as it is now." According to Bankman-Fried, this "isn't to say that Ethereum 2.0 couldn't, or that a Layer 2 on Ethereum couldn't" host an exchange. In either case, Bankman-Fried argued that the DEX landscape is still "a hell of a lot worse than centralized exchanges ever were."