For Bitshares to be a viable trading platform, it must offer what people want. Trading volume is a good indicator of interest, and thus also of importance to Bitshares. I hope to raise awareness of the key shortcomings of the DEX, so we can concentrate our efforts and fix them - making the DEX awesome!
Regarding the 10 most traded coins today globally, I checked what assets users are likely to find, and what is missing. In my next post I will look at the respective markets - what they look like.
I will be focusing on bitUSD markets, as there seems to be an agreement that it is the most important base asset. I won't touch bitCNY, as the eastern community seems to be taking good care of that.
There are a few different BTC's, but there should be no problem as the most traded one is on top of the list
It exists, but it's not so obvious. There are a few alternatives to confuse the user. Trading volume on the right one will fix the problem.
There are two with the same name, which is not nice. We need to make volume on the right one to make it obvious.
Can be found and the market is well supported, making it easy to find.
ETC is one of the most traded coins, but it is not to be found on the DEX. I don't know if it matters, though.
Non existent. Bad experience for someone trying out the DEX.
It exists, but somehow I couldn't find it on the exchange page. Only by typing ...OPEN.LTC_USD into the URL I found the market.
Isn't there. I guess people are interested in Ripple, so providing it is important.
Zcash can be found, but who knows what it represents, and who the issuer is.
FACTOM can be found, but not FCT. Practically you can't trade FCT yet on the DEX
So five of the most traded coins can be found on the Bitshares DEX. Not bad. We just have to make them active, and see what we can do about the missing ones. Of course the trading volume of 24 hours doesn't tell the whole truth, and looking at one month would give a more correct picture. However, I didn't find such statistics.
