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Most popular DEX on each network comes with their key data to be compared and analyzed. It discusses the importance of the Mcap/TVL ratio and fees paid to liquidity providers, and suggests analyzing DEX performance across networks to identify growth…
A blockchain, or “chain,” stores immutable data in linked blocks. An ecosystem consists of interconnected blockchain protocols, projects, users, and miners. Key terms include DEX (Decentralized Exchange), active addresses, stablecoins, TVL (Total Value Locked), and Mcap/TVL ratio. Compare network activities…