Hello fellow Kyberians! We hope you’re all reading this update from your sunbeds on some exotic beach and sipping your piña coladas during this hot summer season. We’re back again with another ecosystem update and as you’ve come to expect from us, it’s packed with new ecosystem integrations and interesting data and commentary from different parts of Kyber world.

Kyber Network Growth

As usual, we kick off with a look at overall ecosystem growth. Where and how has Kyber Network grown in terms of volumes and number of trades over the last few months and quarters?

Starting with one of the basic indicators of network activity, trade volume, we see a healthy overall growth with a monthly new high of $55,892,556 in June. 26th of June especially stands out with trading volume reaching a daily high of $4,335,461.

Most of the largest Kyber Network participants showed positive month-on-month growth with an average 46% increase in volume. The exceptions proved CDP Saver which showed a 3% dip in volume due to its co-integration with eth2dai alongside Kyber, and Trust wallet which dropped off the top 10 table as it continues its pivot towards Binance DEX.

Having just passed the halfway mark for the year, we also look back at 6 quarters since Kyber Networks mainnet launch and draw some conclusions from this data: