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.
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:
In the subsequent analysis, we specifically targeted new usersāthose 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.