In summer of 2020, DeFi dominance went from 0.9% to 4.6%, while the market cap 12x to $19.6B.
By the EOY, DeFi market cap registered a new ATH at $20.4B!
5/ In 2020, CEX and DEX's trading volume increased by $403B (+307%). From those numbers, CEX accounted for 93% ๐ช
Though, DEX is not almost 6% of the CEX's total trading volume! Can the flippening happen this year? ๐ณ
6/ As $BTC (coingecko.com/en/coins/bitcoโฆ) mooned to its new ATH, the top-9 Bitcoin Perpetual Swap Exchange trading volume reached $3.5 trillion (+531%) ending 2020. ๐๐
Surprisingly, @HuobiGlobal became a contender to @binance's Bitcoin Perpetual Swap volume dominance.
7/ That's a wrap for this sneak peek!
Want full blast to the past with our jam-packed report? Well, get into your DeLorean and fly over here: gcko.io/s9kw8v1
โข โข โข
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2/ In August, the top-30 cryptocurrencies market capitalization recorded yet another 2020-high at $343 billion! We saw an increase of 11% in their market capitalization and an 18% gains in their trading volume ๐
3/ $BTC market dominance shrank by 4.4% to 61.1% whereas Ethereum gained the largest by 1.7% to 13.9% ๐ฎ