Volume Market Share

Market shares can be measured in terms of value or volume. The overall share of a firm in total segment sales is used to calculate value market share. The actual number of units sold by a firm out of the overall number of units sold in the market is referred to as volume. According to The Block Research, trade volumes on decentralized exchanges (DEXs) exceeded $1 trillion in 2021. Based on statistics as of December 23, the amount represents a staggering 858 percent increase over 2020 DEX trade volumes. DEXs enabled approximately $115 billion in trade volumes last year.