Market Analysis

DEX is too slow to meet real trading requirements.

DEX vs CEX Trading

$4B VS $200B	400ms VS 20ms	300 VS 50k tps
Swap DEX & CEX daily transaction volume	Transaction confirmation time	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