DEX

Read below for the latest research from Wave Financial (co-authored by Andrew Ballinger): Source: Max Bronstein’s “Mapping the Decentralized Financial System” Sources: CoinGecko 2019 Q3 Report, DeFiPulse Source: Blockchain.info “The State of Stablecoins” *composition as of Q3 2018, used for illustrative purposes on potential types of counterparties Source: Genesis Cap Digital Asset Lending Snapshot Source: “Decentralized Oracles: A Comprehensive Overview” Source: Delphi Digital Decentralized Finance (DeFi) Thematic Insights Source: Totle “How Decentralized are DEXs? A Classification System for Decentralized Exchanges”