As many of us already know, DEXs (decentralized exchangers) currently have a growing boom, comparable to the launch of ICOs in early 2017. Every day they gain ground over their centralized counterparties (CEX)
The trading volume on the Ethereum DEX network was close to 500 million dollars and so far in 2020, 13.5 billion dollars have been traded. In 2019 only 3 billion were traded.
This shows that decentralized finance takes hold every day because it offers more attractive user experiences coupled with unique business strategies.
Among the 10 DEX with the highest volume of commercialization in 24 hours we have:
1.- Uniswap with US $ 336,268,887 and 53.1% DEX market share
2.- 1inch exchange with US $ 61,018,685 and 9.6% DEX market share.
3.- Compound Finance exchange with US $ 51,856,692 and 8.2% DEX market share.
4.- Balancer exchange with 45,078,934 US $ and 7.1% DEX market share.
5.- Curve Finance exchange with 38,261,542 US $ US $ and 6.0% DEX market share.
6.- Kyber Network exchange with US $ 25,603,087 and 4.0% DEX market share.
7.- 0x Protocol with 17,362,009 US $ and 2.7% DEX market share.
8.- AirSwap exchange with US $ 11,627,362 and 1.8% DEX market share.
9.- Uniswap (v1) exchange with US $ 9,907,434 and 1.6% DEX market share.
10.- Tokenlon exchange 7,142,916 US $ and 1.1% DEX market share.
If we add up all the amounts, it gives us a sales volume of US $ 633,559,451. Apparently the amount announced by the news has already been exceeded.
So, pending with the tokens that are traded in the DEX to catch those economic waves that take us to areas of excellent profits, which in the end is what we all expect when we invest our money.
The trading volume on the Ethereum DEX network was close to 500 million dollars and so far in 2020, 13.5 billion dollars have been traded. In 2019 only 3 billion were traded.
This shows that decentralized finance takes hold every day because it offers more attractive user experiences coupled with unique business strategies.
Among the 10 DEX with the highest volume of commercialization in 24 hours we have:
1.- Uniswap with US $ 336,268,887 and 53.1% DEX market share
2.- 1inch exchange with US $ 61,018,685 and 9.6% DEX market share.
3.- Compound Finance exchange with US $ 51,856,692 and 8.2% DEX market share.
4.- Balancer exchange with 45,078,934 US $ and 7.1% DEX market share.
5.- Curve Finance exchange with 38,261,542 US $ US $ and 6.0% DEX market share.
6.- Kyber Network exchange with US $ 25,603,087 and 4.0% DEX market share.
7.- 0x Protocol with 17,362,009 US $ and 2.7% DEX market share.
8.- AirSwap exchange with US $ 11,627,362 and 1.8% DEX market share.
9.- Uniswap (v1) exchange with US $ 9,907,434 and 1.6% DEX market share.
10.- Tokenlon exchange 7,142,916 US $ and 1.1% DEX market share.
If we add up all the amounts, it gives us a sales volume of US $ 633,559,451. Apparently the amount announced by the news has already been exceeded.
So, pending with the tokens that are traded in the DEX to catch those economic waves that take us to areas of excellent profits, which in the end is what we all expect when we invest our money.