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Mia
@nvl
Liquidity on DEX is in the hands of a few large providers, which reduces the degree of democratization of access to the DeFi market. Liquidity on decentralized exchanges is concentrated among a few large providers, reducing the democratization of access to the decentralized finance market, as Bank for International Settlements (BIS) analysts found in their report. BIS analyzed the Ethereum blockchain and studied the 250 largest liquidity pools on Uniswap to test whether retail LPs can compete with institutional providers.
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