Who Is Winning The Decentralized Exchange Race?

Let's take a closer look at the decentralized exchange landscape to better understand the market leaders and trends.

The data in this article was pulled at 11:30 PM EST on Oct. 22, 2018.24 Hour Highest Volume DEXs.Over the past 24 hours, IDEX had the highest amount of volume for a decentralized exchange world with 22,058 ETH or $4,477,774 traded on the platform.

DDEX had the second most volume in the past 24 hours for a decentralized exchange with 4,262 ETH or $865,186 traded.

The top three decentralized exchanges, IDEX, DDEX, and Bancor, made up 89 percent of decentralized exchange volume over the past 24 hours.

Of the top three centralized exchanges and top three decentralized exchanges, DEXs made up just 0.25 percent of the volume.

DEX Volume 6-Month High and Low.Since April, decentralized exchange volume has been quite volatile.

Over the past six months, 24-hour decentralized exchange volume peaked on May 9, 2018, at 152,946.

Conversely, 24-hour decentralized exchange volume bottomed on Oct. 22, 2018, at 4,568.92 ETH or $927,490.

Over the past six months, 24-hour decentralized exchange volume peaked on May 9, 2018, at 150,090 traders.

Conversely, 24-hour decentralized exchange volume bottomed on Oct. 22, 2018, at 977 traders.