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Analyzing five trends of DEX through 60 leading DEXes Decentralized exchange ( DEX ) has developed rapidly since June 2020, with monthly trading volume increasing 105 times within a year, reaching $203.95 billion. The DEX market started with Ethereum and has gradually expanded to multiple public chains such as BSC, Solana, and Avalanche. Currently, DEXs on the Ethereum chain still dominate, while other chain DEXs lag behind in trading volume and total value locked. The main types of DEX include Automated Market Makers ( AMM ), cross-chain trading protocols, derivatives trading protocols, stablecoin trading protocols, and DEX aggregators. Among them, AMM is the most common type, with Uniswap being the most well-known representative of AMM. By analyzing the top 60 DEX ranked by locked assets, we summarize the following five trends: 1. A few DEXs occupy the majority of the market share. 2.

Cronos Chain is one of the largest EVM-compatible Layer 1s built on the Cosmos SDK. By combining EVM compatibility with IBC interoperability, the end-user ecosystem on Cronos is not only extensive but also diverse. The Growing Cronos Ecosystem With a current TVL of 493 million and just shy of 10,

Analyzing 60 leading DEXs, 5 major trends worth following The DEX( decentralized exchange has experienced explosive growth since the DeFi boom in June 2020, with monthly trading volume increasing 105 times within a year, reaching 20.395 billion USD. The DEX market initially started on Ethereum and then expanded to multiple public chains such as BSC, Solana, Avalanche, etc. Currently, DEX on the Ethereum chain still dominates, while the trading volume and locked value of DEX on other public chains still lag behind Ethereum. DEX mainly includes types such as AMM, cross-chain trading protocols, derivative trading protocols, stablecoin trading protocols, and DEX aggregators. Among them, AMM is the most common type of DEX, and Uniswap is the most well-known representative of AMM. By analyzing the top 60 DEXs, we summarize the following 5 key trends: 1. Market share is highly concentrated, with only a few.