The biggest aspect that strikes me for EasyX as a DEX is its focus on catering to novice traders. While this concept is promising, it raises concerns since experienced traders typically engage in larger amounts, driving higher trading volumes and generating more fees—crucial for sustaining exchanges.
Furthermore, EasyX's position as an early entrant into the Mantle ecosystem could be advantageous, but its success depends on Mantle gaining widespread adoption as a L2. Given the intense competition among L2 solutions in the market, securing market share may prove challenging. Therefore, it might be advisable to explore making the DEX compatible with other blockchain networks to diversify its user base.
On a positive note, EasyX's decision for no KYC verification is significant in today's climate. The platform's sleek and appealing user interface is also commendable. The introduction of gasless trading for DEXs is an intriguing innovation, which could set EasyX apart from its competitors.
Overall EasyX faces substantial challenges and intense competition in the DEX space. Wishing them the best of luck in navigating these challenges and establishing a strong presence in the market. Show Less
1
