# Most exchanges take a cut on every trade before it happens. Ouinex built a different model β€” Ilies Larbi, CEO Page: https://stenobird.com/podcast/crypto-coin-show-6582644/most-exchanges-take-a-cut-on-every-trade-before-it-happens-ouinex-built-a-different-model-ilies-larbi-ceo Text version: https://stenobird.com/podcast/crypto-coin-show-6582644/most-exchanges-take-a-cut-on-every-trade-before-it-happens-ouinex-built-a-different-model-ilies-larbi-ceo.md Podcast: [Crypto Coin Show](https://stenobird.com/podcast/crypto-coin-show-6582644) Published: 2026-06-14T05:30:03+00:00 Episode link: https://www.spreaker.com/episode/most-exchanges-take-a-cut-on-every-trade-before-it-happens-ouinex-built-a-different-model-ilies-larbi-ceo--72491585 Audio file: https://dts.podtrac.com/redirect.mp3/api.spreaker.com/download/episode/72491585/most_exchanges_take_a_cut_on_every_trade_before_it_happens_ouinex_built_a_different_model_crypto_coin_show.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/crypto-coin-show-6582644/episodes/most-exchanges-take-a-cut-on-every-trade-before-it-happens-ouinex-built-a-different-model-ilies-larbi-ceo Duration seconds: 1550 ## Resource Retail traders are structurally disadvantaged on every traditional order book exchange β€” stop hunting is real, the spread is a hidden tax, and most platforms give institutions tools that retail will never see. FAIR EXECUTION is what Ouinex is building, and it starts by removing the CLOB entirely. Ilies Larbi, CEO of Ouinex, breaks down how the exchange's Fair Execution Engine eliminates the front-running and stop hunting that bleeds retail traders dry on most platforms. Ouinex is already live and regulated across 5+ entities, has raised $9M+ from over 5,000 community investors with zero VCs, and offers 500x leverage across crypto, stocks, indices, forex, commodities, and gold β€” all in a single platform. With TGE set for mid-June 2026 at $0.1334 and over 50% of $OUIX tokens already staked under a 3-year cliff, Ilies explains how the $OUIX flywheel works, why every trade on every asset class generates buyback pressure on a single token, and what it means to build an exchange that was financed, built, and optimized by traders. You'll learn: - What stop hunting is, why it keeps happening on traditional order book exchanges, and how Ouinex's Fair Execution Engine structurally removes it - How the $OUIX flywheel works β€” why revenue from crypto, stocks, forex, commodities, and indices all feed into a single buyback mechanism - What 50%+ of tokens already staked under a 3-year cliff means for supply dynamics heading into the mid-June TGE πŸ”— https://ouinex.com πŸ””JOIN OUR FREE NEWSLETTER FOR 100X GAINSπŸ””: https://cryptocoinshow.substack.com/subscribe ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/crypto-coin-show-6582644/episodes/most-exchanges-take-a-cut-on-every-trade-before-it-happens-ouinex-built-a-different-model-ilies-larbi-ceo/transcription-requests` β€” Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/crypto-coin-show-6582644/most-exchanges-take-a-cut-on-every-trade-before-it-happens-ouinex-built-a-different-model-ilies-larbi-ceo.md` β€” Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.