0xHaM-d
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    @0xHaMā˜°d#8391

    AptšŸŒs || DEXs' Competition

    Narrative

    The dashboard paints a clear picture of the Aptos DEX ecosystem's rapid growth and competition. The soaring onboarding numbers and trading volumes signify increasing traction, likely fueled by improved platform functionality, ecosystem incentives, and growing awareness of Aptos' potential.

    At the same time, user retention and active engagement metrics show that leading DEXs are excelling in providing value to their user base. However, the shifting market share indicates fierce competition among DEXs, demanding constant innovation.

    Credits

    My dashboard is a developed version of my old and was inspired by Hess, from whom I forked some queries to use as a basis for my analysis!

    Orig. dashboards:

    AptšŸŒs || DEXs Snapshot

    Hess' Query

    Retention Query

    Ecosystem Users
    DEX Traffic
    Users & Transactions
    Volume
    Trades Volume in Total & Breakdown by Platform
    DEXs' User Retention
    Monthly Trader's Retention Rate
    Identifying New Active Users

    In the subsequent analysis, we specifically targeted new usersā€”those transacting on Aptos' DEXs for the first time. To be considered 'new active users,' individuals had to have an active duration of at least 7 days and a last active duration of 7 days or less.

    Disclaimer: Flipside AI is here to help but it can make mistakes. Always review outputs and use the upvote/downvote buttons to help us improve. This content is not financial advice.