DEX - New DEX Ruler In Town: dYdX Takes Over Uniswap With $757M Daily Volume | Benzinga
The decentralized exchange, dYdX (CRYPTO: ETHDYDX), has outperformed Uniswap (CRYPTO: UNI), becoming the dominant decentralized exchange (DEX) by daily trading volume.
What Happened: As per a CoinDesk report on Sunday, data from CoinMarketCap reported that dYdX, which migrated from Ethereum (CRYPTO: ETH) to Cosmos, posted a daily trading volume of $757 million. This outperformed Uniswap v3’s volume of $608 million.
Meanwhile, the v3 version of dYdX, which remains operational, logged a volume of $567 million, taking the third ...