Traction and Opportunity
Dyor to capture a growing market.
Last updated
Dyor to capture a growing market.
Last updated
As the industry expands and new people become increasingly interested in trading crypto on-chain, the need for an easy-to-use social investing app becomes more important.
Market mapping
The traction Dyor Exchange has achieved since its inception proves that a market gap exists and users are looking for a solution.
(updated Aug 2024)
170K+ Dyor app downloads on app to date;
210K+ wallets created;
70K+ trades;
95K+ potential investors on the app waitlist;
220K+ community across socials;
In the past few years we've seen multiple trends that indicate an increasing adoption of self-custody, DeFi solutions:
The DEX to CEX volume ratio reached an all-time high in Jan 2025 and continues its long term uptrend (according to The Block);
The Self-custody wallet space has become more distributed. Metamask has competitors that meaningfully challenge it (Dune);
DEX volumes have grown to $5.05T yearly (last 3mo annualized) according to DeFiLlama.
Given the current trends, we expect the DeFi market size to reach $436Bn by 2030.
