Onchain liquidity routing report details market fragmentation

A new report from The Block Research examines the evolving landscape of onchain liquidity routing, highlighting increased market fragmentation. The analysis suggests that achieving optimal execution is no longer assured by concentrating activity on a single platform. As liquidity becomes dispersed across multiple venues, navigating the decentralized finance ecosystem requires more sophisticated strategies. This shift necessitates a deeper understanding of how assets move and are traded across various decentralized exchanges and protocols to ensure efficient and cost-effective transactions.