TBC - Update II TBC Giveaways/DeFi/Dapp's Exchange...✌????

Decentralized Finance Ecosystem: Q1 Flash Report
A comparison of the top decentralized exchanges in 2020
It has never been more important to measure the success of decentralized finance dapps running on the protocols tracked by DappRadar. While volatility is expected in the cryptocurrency markets. The first quarter of 2020 has witnessed some of the most significant events in human history.
It is in that context that we present an overview of the decentralized finance (DEX) ecosystem in Q1 2020.
By the end of Q1 2020, decentralized finance dapps across the top 3 protocols accounted for almost 7000 daily active unique wallets
An increase in active wallets of almost 1000 (15%) compared to 2019 Q4
Ethereum is the dominant protocol. Holding 64% of the total daily active unique wallet activity Daily active unique wallets on Ethereum grew 48% YoY
The top 3 Ethereum decentralized finance products Kyber, Uniswap, and IDEX account for 51% of total decentralized finance activity in Q1 2020
Waves is the winner amongst the 5 smaller protocols holding 56% of total decentralized finance wallet activity.
Uniswap & Kyber showed positive trading volume trends in Q1 2020 with 264% and 104% respective growth in March 2020 compared to January 2020
IDEX showed more volatility over Q1. In February 2020 value increased by 50%, in March value dropped 17%...
How are people using DeFi products to their advantage?
One sector of the decentralized world seems to be blooming right now… DeFi.
Despite it being only two years old, the decentralized finance sector is giving rates as high as 8% for deposits. According to our recent research, MakerDAO, the top DeFi dapp, has an average of more than 350 daily active unique wallets and is the top loan contract platform in the digital currency arena.
So, what’s DeFi?
DeFi, or decentralized finance, is a product of blockchain technology. The aim is to extend the benefits of decentralization to the banking space.
It can offer an alternative to traditional loans, savings, insurance, and trading sectors. Fundamentally accommodating anyone with access to the internet.
In sectors where centralization and decentralization are combined to create unique products, DeFi can be referred to as open finance or distributed finance.

It is the second most important blockchain innovation after Bitcoin and is eventually going to be as disruptive.
Ethereum dapps are synonymous with DeFi, having various open financial platforms in payment, lending, trading, derivatives, and prediction markets.
Average daily active unique wallets have increased by 7% in January 2020. The user base has also increased significantly in the second half of January, reaching around 1,400 users.
Link: https://dappradar.com/topic/exchanges
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