Total volume on non-custodial crypto exchanges hit 9-month low in December
January 12, 2020, 1:12PM EST
1 min read
December was a slow month for trading volume on non-custodial exchanges.
As noted in a recent report from The Block Genesis written by Larry Cermak, the total volume on non-custodial crypto and digital asset exchanges fell to a 9-month low in December.
This decline can be seen in the chart below:
Source: Bloxy, Dune Analytics, CryptoCompare, The Block
Yet, as Cermak noted: "However, while still relatively negligible, the share of volume traded on non-custodial exchanges increased in comparison to the amount traded on the centralized exchanges. ... The lack of liquidity, simplicity, as well as blockchain constraints, are among the reasons non-custodial exchanges haven’t caught on yet."
The Block Research was commissioned by Algorand to create Layer-1 Platforms: A Framework for comparison, which provides a “look under the hood” at seven platforms: Algorand, Avalanche, Binance Smart Chain, Cosmos, Ethereum/Ethereum 2.0, Polkadot, and Solana.
We assess their technical design, related ecosystem data, and qualitative factors such as key ecosystem members to get an understanding of how they differ. Having done this analysis, we draw some insights for what the future of the broader smart contract landscape could look like for years to come.