DEXs Hit $171B in Weekly Trading Volume


12h05 ▪
4
min read ▪ by
Evans S.

Decentralized exchanges (DEX) continue their rapid rise in the crypto universe. Last week, crypto DEXs generated $171.26 billion, showing a 21% increase in seven days. According to Phoenix Group, decentralized finance is attracting more and more traders, reducing the influence of centralized CEX platforms.

A euphoric young trader raises his arms under a shower of crypto tokens with A euphoric young trader raises his arms under a shower of crypto tokens with

In brief

  • Crypto decentralized exchanges reach $171 billion in weekly volume, up 21%.
  • Uniswap retakes the lead in the market, ahead of PancakeSwap and Meteora which record…

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