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Centralized Exchanges

DEX tokens returned more than 5x centralized exchange tokens this year amid a slew of major protocol upgrades

Jun 10, 2020 ⋅  7 min read

Decentralized Exchange token returns have dwarfed centralized exchange tokens halfway through the year. As a sector, DEX tokens have been some of the best-performing assets of the year. A likely contributor to their success has been the large-scale upgrades for decentralized exchanges have undergone in the past 6 months. From overhauling token economics to scalability, the fundamentals for DEX’s relative to centralized exchanges have greatly improved

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