Indexed Podcast

Today, we dive into a new DEX research paper 'Execution Welfare Across Solver-based DEXes'. Joined by the authors, to find out which DEX is the best—enjoy!
—  
Timestamps:
(00:00) Introduction  
(04:53) What motivated this research?  
(10:00) Measuring DEX end-user satisfaction  
(12:29) Trade simulations vs historic trade data  
(16:53) Research findings: welfare boxplot  
(20:18) Asset-type dependence/platform comparison  
(23:00) V2 liquidity attraction  
(24:33) Onchain execution vs CEX  
(33:10) DEX recommendations  
(35:23) PEPE Ethereum onchain liquidity: long tail  
(38:50) Trader profiles  
(44:43) PMM/AMM liquidity comparisons  
(50:56) How has your own behavior changed from research findings?  
(1:01:37) Outro  
—  
Content links:
Research paper: https://arxiv.org/abs/2503.00738
—  
**Follow the co-hosts** 
https://x.com/hildobby_  
https://x.com/0xBoxer  
https://x.com/sui414  

**Follow the guests** 
https://x.com/ballsyalchemist
https://x.com/dex_chen_V

**Follow the Indexed Podcast:**  
https://twitter.com/indexed_pod  
—  
The Indexed Podcast discusses hot topics, trendy metrics, and chart crimes in the crypto industry, with a new episode every 1st and 3rd Thursday of the month, brought to you by wizards @hildobby_, @0xBoxer, and @sui414.  

Subscribe/follow the show and leave a comment to help us grow the podcast!  
—  
**DISCLAIMER:** All information presented here should not be relied upon as legal, financial, investment, tax, or even life advice. The views expressed in the podcast are not representative of the hosts' employers' views. We are acting independently of our respective professional roles.

Creators and Guests

Host
Boxer
Wizard relations @DuneAnalytics. The data must flow.
Host
danning.eth⚡️🤖
financial nihilist. mev-thirsty. data @ Flashbots. host @indexed_pod. council @thelatestindefi. previously data @0xProject @ConsenSys.
Host
hildobby
data @dragonfly_xyz / host @indexed_pod

What is Indexed Podcast?

Hi! 👋 We are 3 data nerds here to chat trendy metrics, chart crimes in web3. We hope to bring you deep dive of the topics with data-driven insights, and bring more transparency to the crypto industry! Let us know your opinions under each episode, and the topics you'd like to hear from us!

Follow us on X!
Indexed: https://twitter.com/indexed_pod
Hildobby: https://twitter.com/hildobby_
Boxer: https://twitter.com/0xBoxer
Danning: https://twitter.com/sui414