June 22, 2020, 4:49PM EDT
• 7 min read
Value capture by decentralized exchange tokens
- Decentralized exchanges are perhaps the fastest growing sector in Open Finance.
- Over the past 30 days, decentralized exchanges have facilitated an average of $46.2 million in daily trade volume.
- The value captured by decentralized exchange tokens ranges from anywhere between 0.3% and 0.01% of exchanged value, depending on the protocol.