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Crypto Trading Volume On Decentralized Exchanges (DEXes) Examined In New Report

Crypto Trading Volume On Decentralized Exchanges (DEXes) Examined In New Report

The decentralized finance ecosystem continues to mature, with decentralized exchanges playing a key role in facilitating peer-to-peer cryptocurrency trading.

According to a recent report by CoinGecko, Uniswap has solidified its position as the largest decentralized exchange by trading volume, claiming 35.9% market share during this past month.

With a $111.8 billion in trading volume for the month, Uniswap’s dominance underscores its critical role in the DeFi sector and highlights the growing adoption of decentralized platforms.

Uniswap, a key player in automated market maker (AMM) protocols, has consistently led the DEX market due to its user-friendly interface, robust liquidity pools, and innovative features.

The CoinGecko…

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