Follow Us

Header Ad

Latest Posts


Trading volume on decentralized exchanges has exceeded $ 50 billion since early January

The total turnover of decentralized exchanges (DEX) for incomplete January amounted to a record $ 53.4 billion.

The indicator grew 136% over the month, according to Dune Analytics.

Data: Dune Analytics.

The segment is consistently dominated by the non-custodian Uniswap platform. It accounts for 47.9% of the total DEX turnover.

Data: Dune Analytics.

Over the past 24 hours, Uniswap’s turnover exceeded $ 1 billion. The closest competitor, SushiSwap, had a turnover of $ 629 million.

Data: Dune Analytics.

The cumulative turnover of DEX in the last 24 hours reached $ 2.3 billion, in seven days – $ 13 billion.

Data: Dune Analytics.

The growth of the DEX segment correlates with the dynamics of the entire sector of decentralized finance. The total value of funds blocked on smart contracts for DeFi applications (TVL) exceeded $ 27 billion.

Data: DeFi Pulse.

The highest TVL indicators for the landing protocols Maker, Aave and Compound – $ 4.7 billion, $ 3.8 billion and $ 3.2 billion, respectively.

As a reminder, at the end of 2020, the share of crime-related transactions in DEX turnover was 0.02%.

Subscribe to the ForkLog YouTube channel!

Found a mistake in the text? Select it and press CTRL + ENTER

Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

    Leave Your Comment

    Your email address will not be published.*

    Forgot Password