Metrics Show Decentralized Exchange Volumes Continue to Slide This Year
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Decentralized exchange (dex) volumes have been dropping since December 2021 according to current statistics. However, last month dex trade volumes spiked 2.37% higher than the volumes recorded in…
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Spot volumes on crypto exchanges declined to $1.67 trillion in September, the lowest since June, with Binance accounting for the majority of the decline in volume due to mixed DEX volume. In September, the crypto exchange spot volumes decreased to the lowest point since June this year, i.e., to $1.67…
The decentralized exchange (DEX) Raydium has just surpassed its rival Uniswap in terms of volumes recorded during the month of January. The well-known trading platform of the Solana ecosystem is growing rapidly in the wake of the recent hype for the memecoin sector, quickly increasing volumes and TVLSolana as a…