The decentralized exchange Uniswap was the most used exchange by crypto hedge funds as of 2023. Three quarters of respondents or 75 percent of responding crypto hedge funds used Uniswap. Followed by dYdX, being used by 40 percent of the crypto hedge funds surveyed in 2023.
Share of crypto hedge funds using decentralized exchanges (DEXs) in 2023, by platform
The survey sample was made up of 131 crypto hedge funds. These funds were created with the intention of dealing primarily in crypto-assets, and exclude data from crypto index funds and crypto venture capital funds.
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PwC. (October 7, 2023). Share of crypto hedge funds using decentralized exchanges (DEXs) in 2023, by platform [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1246775/most-used-dexs-worldwide-by-crypto-hedge-funds-2021/
PwC. "Share of crypto hedge funds using decentralized exchanges (DEXs) in 2023, by platform." Chart. October 7, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1246775/most-used-dexs-worldwide-by-crypto-hedge-funds-2021/
PwC. (2023). Share of crypto hedge funds using decentralized exchanges (DEXs) in 2023, by platform. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1246775/most-used-dexs-worldwide-by-crypto-hedge-funds-2021/
PwC. "Share of Crypto Hedge Funds Using Decentralized Exchanges (Dexs) in 2023, by Platform." Statista, Statista Inc., 7 Oct 2023, https://www.statista.com/statistics/1246775/most-used-dexs-worldwide-by-crypto-hedge-funds-2021/
PwC, Share of crypto hedge funds using decentralized exchanges (DEXs) in 2023, by platform Statista, https://www.statista.com/statistics/1246775/most-used-dexs-worldwide-by-crypto-hedge-funds-2021/ (last visited November 22, 2024)
Share of crypto hedge funds using decentralized exchanges (DEXs) in 2023, by platform [Graph], PwC, October 7, 2023. [Online]. Available: https://www.statista.com/statistics/1246775/most-used-dexs-worldwide-by-crypto-hedge-funds-2021/