An analysis of decentralized exchange usage on Ethereum

Decentralized exchanges have been billed by some enthusiasts as the future of the crypto-ecosystem. The central theme behind decentralized exchanges is an environment with no third-party or intermediary between individuals wishing to make a transaction.

Rather than a central authority acting as the exchange, applications built on top of smart-contract platforms such as Ethereum facilitate trading. This allows users to always be in full control of their assets.