Decentralized finance needs greater capital efficiency to increase the market share of decentralized exchanges , according to the PancakeSwap."Such initiatives promoting capital efficiency and composability will be pivotal in expanding the market share of DEXs.
“The scarcity of options liquidity persists as a significant challenge not only in DeFi but CeFi as well. DEXs serve as the fundamental liquidity infrastructure in DeFi. Leveraging this liquidity for option writing presents a substantial opportunity for bolstering on-chain options liquidity.” PancakeSwap is currently the 10th largest decentralized exchange, with a 3.37% market share on PancakeSwap V2 and a 2.92% market share on PancakeSwap v3, according to
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