January 6, 2020, 7:28AM EST
• 2 min read

Non-custodial volume dwindles as Uniswap, Kyber Network take lead in market share

Quick Take

  • Reflecting volume on centralized exchanges, total volume on non-custodial exchanges dropped to a 9-month low in December
  • In January 2019, the share of non-custodial vs. centralized volume was a mere 0.30%. But by the end of 2019, it rose to more than 0.50%
  • Uniswap is currently neck-and-neck with Kyber Network for the most non-custodial volume
  • Non-custodial exchanges won’t capture a significant portion of the centralized exchanges’ volume for the foreseeable future

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