LeoDex has has been around since the end of October 2019. Since then more tokens has been listed on the exchange and user has taken advantage of the lower fees that the DEX offers.
Depositing through LeoDex is cheaper than alternative services with a 0.25% fee on deposits and 0.35% fee for withdrawals. The standard fee on SE is 1%. It is mobile-friendly, fast and features a more user-friendly interface. It also has an advanced wallet page, open orders tab and some other additions.
In this report, we will be looking into the daily transactions, deposits and withdrawals on the LeoDex exchange.
LeoDex uses the @leodex account as a gateway for STEEMP. When you deposit STEEM, it gets transferred to the @leodex account, and then it gets instantly converted into STEEMP and sent back to your account.
The data will be presented for the period between 10/27/2019 to 01/12/2020.
This is basically the period when LeoDex has been operational.
Deposits/Withdrawals on LeoDex
Below is a chart that represents the cumulative STEEM deposits/withdrawals on LeoDex.
The yellow represents the deposits and the orange the withdrawals.
The data shows a clear and steep trend upwards on both sides of the spectrum. The data is presented here as the overall volume. Deposits/Withdrawals are important for the DEX and all the tokens listed on it as the fees collected are used to burn an equivalent amount of each listed token.
Since October 27th, a total of 109,878 STEEM has been deposited. 91,122 STEEM was withdrawn and the total volume of deposits and withdrawals on the Dex was 201,000 STEEM.
Here is the chart on daily deposits/withdrawals on the DEX.
There have been a few spikes where the Dex reached above 15,000 STEEM in volume per day. The average daily volume on deposits/withdrawals in this period has been around 2500 STEEM.
Here is the chart that summarizes the deposits/withdrawals on a monthly basis.
Note that there is only 12 days from January here, but we can see a clear up trend by month.
Users that deposited the most on LeoDex
Here are the users that deposited the most on LeoDex.
Users that withdraw the most from LeoDex
Here are the users that withdrawn the most on LeoDex:
User Savings from LeoDex
As mentioned above the LeoDex STEEM/STEEMP gateway offers lower fees on deposits and withdrawals than all the alternatives.
How much STEEM have our users saved by taking advantage of the lower fees?
These are the cumulative savings from deposit and withdrawal fees.
@zaku is the biggest saver so far and has saved 252 STEEM simply by using the LeoDex to deposit and withdraw STEEM and STEEMP.
The LeoDex has saved a total of 1,470 STEEM for all of its users!
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Report by @dalz