In 2023, Uniswap's trading volume exceeded $450 billion
In the past 30 days, the trading volume of decentralized exchanges (DEX) reached $85.5 billion. Uniswap continues to dominate the non-custodial exchange market, accounting for 55.5% of total trading volume.
The second-ranked DEX by trading volume is PancakeSwap (17.8%), followed by Trader Joe (5.2%). In 2023, the total value of transactions completed on DEX Uniswap reached $454 billion, with record-breaking revenue of $73 billion in February. The total number of user transactions reached 163 million, and over the course of a year, Uniswap recorded connections from 2.89 million new wallets and liquidity providers opening 3.33 million positions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Netflix (NFLX.US) reportedly plans to lay off about 5% of its staff: The streaming giant faces growth pressure and trims its workforce ahead of earnings report.
According to reports, Netflix plans to lay off about 5% of its employees as early as next week.
Citi: Besent May "Slash" Long-term Bond Issuance Next Month, 20-year US Treasury Issuance Could Be Directly Canceled
Citi published a research report indicating that US Treasury Secretary Scott Besant is highly likely to reduce the issuance size of long-term US Treasury bonds, and may even completely cancel the issuance of 20-year Treasury bonds.
Rising energy prices intensify inflation concerns; US Treasury yields increase again, with the 10-year rising to 5.25%.
Persistently high energy prices have intensified market concerns about the inflation outlook and reinforced investor expectations of further interest rate hikes by the Federal Reserve. After experiencing significant volatility earlier this week, U.S. Treasury yields are edging back toward recent highs.
Crypto prices
More
