- 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
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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