Bitcoin (BTC) $76,676.64 -0.54%
Ethereum (ETH) $2,124.82 0.26%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 84.935901 -0.10%
Dogecoin (DOGE) $0.10 -2.33%
Cardano (ADA) $0.25 0.26%
Chainlink (LINK) $9.62 1.19%
Litecoin (LTC) $54.24 0.33%
Dash (DASH) $42.90 5.86%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.831701 4.23%
X-Cash (XCASH) 7.0E-6 -0.84%

Cryptocurrencies: 28960

Markets: 114116

Market Cap: $2,557,594,794,866

24h Vol: $95,209,059,350

Coin Edition

2023-02-07 06:31:03

DEXs Only Share 1% of Market Open Interest Orders, Argues Analyst

DEXs Only Share 1% of Market Open Interest Orders, Argues Analyst

A DeFi analyst on Twitter argued that the trendy comparison between two of the most significant decentralized crypto exchanges (DEXs), dYdX and GMX, was out of place. The analyst brought data from the market tracking website, CoinGecko, to illustrate that DEXs only share approximately 1% of the market Open Interest (OI) orders and volumes compared The post DEXs Only Share 1% of Market Open Interest Orders, Argues Analyst appeared first on Coin Edition .

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