this post was submitted on 10 Feb 2024

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Monero

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Hidden-volume (monero.im)

submitted 9 months ago* (last edited 9 months ago) by snitchy_asc@monero.im to c/monero@monero.town

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By looking on coingecko, you can notice a volume declining over the years and I might identified the issue, that could be seen as an iceberg.

Visible level : Spot/Perp/DEX prices

Deep level (not tracked) : crypto-swap exchange, localmonero or atomicswaps

Theres a looot of volume not tracked in the deep level, since a monero user is most likely using these ways (just look the last bad new it was a "nokyc" swap)

How this can be solved ?

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[–] tusker@monero.town 2 points 9 months ago* (last edited 9 months ago)

BasicSwap DEX Desperately needs an appimage release and an option to connect to remote nodes. That way anyone on any linux can just use it. If they do not do this they will have 10-15 users.