This is the phenomen which I can't grasp until now. We have all waiting for good DEEX or P2P exchanges.
People funded multiple ICO's with millions of USD only to get one running. Today there are multiple high-quality peer to peer exchanges and nobody is using them, to be honest. Why?
They are safer, there are almost no fees, for sure lower as on other exchanges, no KYC, no point of failure. And there is no volume on all of them.
I think a lot of people has a bad experience when they used the first exchange of such a type Etherdelta. We all know that it was a pain to use it. Was slow, there were no advanced orders and hall exchange was very limited.
Because people financed and invested in decentralized projects, which changed their shoes along the way and now will force them to go through the KYC procedure.
A good example of such a transformation from decentralized to centralized is IDEX. How can you trust them after that? And I do not know a more convenient yet decentralized exchange.