https://medium.com/@Ignas_defi_research/2022-state-of-defi-price-performance-tvl-trading-volume-development-activity-and-more-ad928813a070 https://medium.com/@I

https://medium.com/@Ignas_defi_research/2022-state-of-defi-price-performance-tvl-trading-volume-development-activity-and-more-ad928813a070 https://medium.com/@Ignas_defi_research/2022-state-of-defi-p... DEX volume seems to be around 10-20% of CEX volume. But CEX is easier to overstate as it's cheap, sometimes commission-less. While DEX volume always carries a cost.