DEFI Mkt Dexs Byproto
DeFi
Daily spot swap volume, split across the largest decentralized exchanges.
Why it matters
To see how on-chain trading is distributed between competing venues.
How it is built
Each series is one exchange's daily swap volume, for the largest venues over the past thirty days.
What to watch
Exchange market share moves faster than most on-chain metrics, and a venue losing share usually loses fee income within weeks.