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Podcast: Unchained
Episode: Why Decentralized Trading Has 10Xed in a Few Months
Description: Haseeb Qureshi, managing partner at Dragonfly Capital, and Dan Robinson, research partner at Paradigm, discuss the explosion in decentralized exchange activity on automated market makers from $1 billion earlier this year to more than $10 billion in August.
Why trading in automated market makers has 8xed in a few months
how automated market makers work, and how specific dexes can specialize for the assets being traded on them
why traders would prefer to trade on a dex vs. a centralized exchange
how incentivized pools have drawn traders and liquidity
why trading on a dex seems can be more appealing than on...