Decentralized trading platform transaction volume reached US$668 million in March, setting a new record
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According to data from Dune Analytics, the total transaction volume of decentralized exchanges (DEXs) hit an all-time high of US$668 million in March. Dune Analytics said Wednesday that the figure was 53% higher than February’s reading. The data provider noted that this was the first time that DEX volume had risen despite a drop in ETH prices. Notably, total trading volume on decentralized exchanges hit a nine-month low in December. However, according to reports at the time, these decentralized exchanges accounted for a higher share of trading volume compared to centralized exchanges. According to Dune Analytics, dYdX, Uniswap, and KyberSwap are currently leading the decentralized exchange space. Original link: https://www.theblockcrypto.com/linked/60498/ |
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