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…
