Exchange Sector Report

Decentralised Exchange (DEX) volumes as a proportion of Centralised Exchange (CEX) volumes stand at 9%

Binance controls 78% of CEX volumes, having increased 141% YTD. Since January 2018, Binance volumes have grown at 161% CAGR to $8bn/day (30 Day MA)

Uniswap token trades more expensively than Curve on a relative basis as measured by market cap/volumes, volumes/TVL and # of users