New innovation and growth in decentralized exchange
Published in
2 min readJun 11, 2020
Dex volumes are inflecting
Dexes are here!
It took a little longer than anticipated, but decentralized exchanges are finally seeing accelerating growth in volumes and serving certain assets more effectively and globally than centralized exchanges. Technological maturity, the proliferation of tokens, and a bullish outlook on the market are helping to drive volumes.
The dex space saw $2.4 billion of volume in 2019. But in 2020, we’re estimating approximately $7.1 billion in…