✨Market Analysis

1. The cryptocurrency market continues to thrive with increasing market capitalization. Decentralized finance is quickly expanding in terms of volume due to the higher security and control it offers to users.

Datasource：crypto.com, CoinMarketCap b=billion, m=million

Datasource：DefiLlama

2. Dex is too slow to meet real trading requirements.

DEX vs CEX Trading

$4B VS $200B Swap DEX & CEX daily transaction volume	400ms VS 20ms Transaction confirmation time	300 VS 50,000tps One-application transaction throughput
80% of the trades come from high frequency trading (HFT).[1]	HFT requires transaction confirmation time of less than 20ms.	Whole network transaction throughput does not mean high throughput for a single dApp. HFT requires high transaction throughput.

[1] https://www.nasdaq.com/articles/what-you-should-know-about-high-frequency-traders-amidst-covid-19-2020-04-08

Trading Market

[2] Based on https://coinmarketcap.com/rankings/exchanges/ [3] https://dappradar.com/industry-overview

Key Indicators