Relative DEX arbitrage profits decline suggesting significant efficiency gains

Quick Take

  • Aggregate DEX volumes are up 32.53% month-on-month, while January 2020 volumes grew 223% versus January 2019
  • The top 10 DEX traders executed 48% of all DEX trades over the past 12 months
  • The largest DEX arbitrageur netted 14% of arbitrage profits over the past 12 months 
  • Declining arbitrage profits versus DEX volume suggests significant market efficiency improvements over the past 12 months

This research piece is available to
members of The Block Genesis.
You can continue reading
this Genesis research on The Block.


Relative DEX arbitrage profits decline suggesting significant efficiency gains written by Matteo Leibowitz @ https://www.theblockcrypto.com/genesis/56099/relative-dex-arbitrage-profits-decline-suggesting-significant-efficiency-gains?utm_source=rss&utm_medium=rss February 15, 2020 Matteo Leibowitz

Comments are closed.