t present, the trade volume of the largest DEX, Uniswap, stands at about $18 million, a far cry from the $1.3 billion in trade activity on the popular centralized exchange Binance. Despite recent surges in decentralized exchange activity, DEXs still only account for less than 1% of all crypto trading. There is a glaring gap in performance between centralized and decentralized exchanges, and liquidity is a significant part of the problem.
