Uniswap, the pioneering decentralized exchange (DEX), has cemented its position as the leader in the crypto trading sphere by surpassing a staggering $2 trillion in all-time trading volume. This achievement, reached on April 5th, signifies a major milestone for the platform, highlighting its remarkable growth trajectory since its launch in November 2018. Data compiled by […]
Despite decentralized exchanges (DEXs) emerging as pivotal players in the crypto world, recent reports indicate a significant shift in their market share relative to centralized exchanges (CEXs). According to the latest analysis by crypto analytics firm Kaiko, DEX trading volumes experienced a notable increase in November, reaching $29 billion. This resurgence marks a recovery from […]
In the current bull run, a curious trend has emerged: layer-1 coins like Solana (SOL), Avalanche (AVAX), and Cardano (ADA) are outperforming layer-2 tokens like Arbitrum (ARB) and decentralized finance (DeFi) assets like Uniswap (UNI) and MakerDAO (MKR). Layer-1 Tokens Like Solana Leads The Performance Chart Taking to X on December 13, Thor Hartvigsen, a […]
The decentralized finance (DeFi) sector continues to gain traction if on-chain data, especially from decentralized exchanges (DEXes), is anything to go by. According to Token Terminal data on December 6, the top 20 DEXes have accumulated over $4.4 trillion in trading volume since launching. Rise And Rise Of DEXes: Uniswap, Curve Dominate Considering the state of […]
An analyst has explained, using different on-chain indicators, how Uniswap (UNI) could be gearing up for a price breakout. Uniswap Metrics May Point That A Rally Could Be Brewing Up In a new post on X, analyst Ali has discussed the outcome that UNI may face based on some underlying metrics. The first indicator of […]