29 Charts - Crypto trends in early November

To get a snapshot of the current landscape, we will look at some key metrics, starting with decentralized exchange volumes. Overall, DEX volume has stayed relatively stagnant in the high billions over the months of August through October. 

Looking at the share of DEX volume, we can see that Uniswap and Sushiswap are dominating, with the two DEXs holding over three-quarters of total volume since June. Notably, Uniswap v2 is still the DEX with the third-highest monthly volume, as there is still a lot of liquidity in v2 and it is still appealing to traders who don’t need the added functionality from v3, like range orders.