Because even if Solana’s next generation perp DEXs, Bullet and Bulk, don’t compete with the likes of...to walk through my thought process on evaluating the potential of these next generation Solana perp DEXs...I anchor my thesis on which Solana perp DEX(s) are likely to win market share through superior execution...

Introduction There’s a brand new DEX in town, and it’s quietly sitting among Ethereum’s top 5 DEXs by...Let’s explore why Maverick isn’t just another DEX; it might be the most serious challenger to Uniswap...Many new DEXs struggle to generate new users initially....As the most similarly designed DEX to Maverick, the comparison is inevitable.

The collapse of FTX created a window of opportunity that DEXs have thus far failed to exploit....A 3% increase in DEX volume share will spur a $470B increase in volume for DEXs at current run rates....This scenario holds the total futures volume (CEX+DEX) constant, meaning DEX volume is a result of CEX...

Ribbon also has an upcoming product called Aevo which is a derivatives DEX built on top of its own rollup...Aevo is a unique derivatives DEX built on its own L2 EVM called the Aevo rollup....It offers a hybrid off-chain order book and on-chain settlement DEX, similar to dYdX v3....leader for options DEXs.

Gravity Dex Chain: This proposes launching Gravity Dex on a dedicated chain connected to the broader...Gravity Dex Chain: This proposes launching Gravity Dex on […]...

Today, we compare the performance of CEX tokens with DEX tokens, and our Research team shares some insights...Curve (fintech company, not the DEX) is in discussions to acquire BlockFi’s credit card customers....BTC and a basket of DEX tokens vs. BTC....Since the bankruptcy filing, the DEX basket is up 24% whereas the CEX basket is down 2%.

📊 DEX Volume Spikes After FTX Collapse Weekly DEX volume across all chains increased 146% from...Monthly DEX volume  also increased 110% from $107B in October to $50.8B in November....This was reflected in market prices as a basket of DEX tokens vs....During the Terra collapse, weekly DEX volume increased 115% from $29.1B to $62.7B during the first week...

...spoke with the Metric team earlier this month as part of our tokenized stocks research, but I think the DEX...participation eventually earns rewards in a native token, that could be an interesting way to get exposure to a DEX...

...notional volumes of futures/perps DEXs....DEXs) at the end of 2030....DEXs are at the forefront in terms of competition.

Uniswap v3: The Most Dominant DEX in DeFi As mentioned earlier in this post, Uniswap v3 is the latest...Curve v2: A Truly Automated Market Maker While Uniswap focused on being a general purpose DEX for all...Curve intended to build an extremely efficient DEX to trade stablecoins and liquid derivatives....And so, the DEX wars are once again igniting.  ...

Chart of The Day: Daily Active Users on DEXs and NFT Marketplaces on Solana Daily active users (DAUs...) of DEXs on Solana have declined from 118K on 26th June to 69k (nice!)...The most significant decline in DAUs of DEXs in the last 30 days occurred after June 26th when active...of DEXs […]...

Interestingly enough, Cosmos’ development team recently decided to build an exchange – Gravity DEX –...Before we move on, we should note that the main difference between Osmosis / Gravity DEX and THORChain...As we prefaced earlier, The Cosmos Hub supports IBC, Gravity DEX, and Shared Staking, all of which it...

...native token prices as they are very commonly used as collateral in DeFi and as base pairs for native DEXes...In Terra’s case, DEX base pairs usually utilize UST instead of LUNA, therefore this growth in TVL is...Relative DEX Valuations Accusations broke out against the Sushi team this week, as investors and the...

Derivative DEXes Slowdown on Shaky Markets Volume on derivative DEXes has cooled off as market conditions...shaky. dYdX maintains a strong lead against its competitors as it makes up the bulk of all derivative DEX...MCDEX volume dwindles on both BSC and Arbitrum, GMX and Perpetual Protocol seem to be the only two DEXes...

...minted this cycle, only 1700 tokens (well under 0.01%) still generate ≥$250K of average daily spot DEX...HYPE
 16.9x Trading demand is perennial; increasing via commodities & equities Owns L1 + 70% perp DEX...was just getting established AERO
 10.3x Tied to Base Ecosystem activity, 88% off peak 42% of Base DEX...

CEX-DEX Arbitrage Paladin doesn’t stop at on-chain opportunities....It extends its reach to CEX-DEX arbitrage through a clever permissionless bulletin board system....The ability to do CEX-DEX arbitrage will make the Paladin bot more attractive to validators, as competing...

Beyond AXS and SLP are having a great day on the back of Axie Infinity’s latest announcement: a native DEX...The DEX will be bootstrapped with AXS/ETH and SLP/ETH pairs, offering token rewards to liquidity providers...DEX Volume Quietly Shoots Back Up Their tokens may not see it yet, but DEX usage is beginning to trend...

The DEX space is rife with innovative designs that enable efficient swaps across a multitude of assets...One of the newer additions to this space is GMX – a hybrid spot-derivatives DEX on Arbitrum and Binance...But we expect that to pick up with more activity on Arbitrum and integrations with DEX aggregators on...

Machine In Sept. 2020, Metamask announced its native swapping feature that gets quotes from multiple DEX...The (Fee) Race to the Bottom Uniswap’s market share among Ethereum spot DEXes hit a record high of...Trading fees on Binance and FTX are far lower than on DEXes....DEX Aggregator Wars 1inch is still the leading DEX aggregator by a large margin.

DEX Trading Activity Down From DeFi Summer Levels After a blow-off top in DEX spot volume in May. 2021...DEXes saw the most volume on days where crypto asset prices tanked — which is an expected occurrence,...However, despite DEXes growing through the better part of this year, DEX tokens — and most DeFi tokens...