October 5, 2020 - Today, the all-time trading volume in the Incognito pDEX exceeded fifteen million dollars.
In the almost 11 months since the first trades were made on November 25th, 2019, volume has followed a trend of steady growth. It has gone from under $100,000 monthly volume in the first months to extended month-over-month growth reaching $5.1M volume in September alone.
pDEX trading volume over the past six months:
|Month||All-time volume||Monthly volume||Month-over-month growth|
From the launch of the pDEX, trading volume has been rising by leaps and bounds, as the growth rate speeds up each month. It’s a promising validation of the need for a decentralized exchange that protects the privacy of its users.
Even 11 months in, the pDEX is still the only DEX that is permissionless, free, and anonymous by default. As development continues and the pDEX becomes an even more formidable privacy powerhouse for crypto traders, it would follow that trading volume will continue its upward trend, much like the rest of the project.
Share your thoughts
Have you benefited from the privacy of the pDEX? Is there a feature you’d like to see? Comment your opinions and questions below, and join the ongoing privacy conversations around we.incognito.org!