Bitcoin

<ul><li>CoinGecko data illustrates that DEXs make up only 1% of the market Open Interest.</li><li>Binance’s 24-hour OI orders were over $8.6 billion, while dYdX had only $314 million.</li><li>The total derivatives volume in 24 hours was over $141 Billion.</li></ul>A <a href="https://coinedition.com/what-is-defi-lets-understand-decentralized-finance/" rel="noopener noreferrer nofollow">DeFi</a> 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<a href="https://coinedition.com/dexs-only-share-1-of-market-open-interest-orders-argues-analyst/" rel="noopener noreferrer nofollow">See the Original CoinEdition</a>

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

Coin Edition

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