Decentralized Crypto Trading Volume …

Decentralized Crypto Trading Volume … post thumbnail image

The indicator increased by 858% yoy.

Decentralized crypto exchange (DEX) trading volume in 2021 exceeds $1 trillion. This is the conclusion reached by analysts of The Block.

Decentralized exchange trading volume. Source: Blok

  • Analysts find that in 2021 the volume of trading operations on decentralized crypto exchanges will be 858% higher than the previous year.
  • Most of the operations take place on Uniswap. We will remind you, earlier on the network there was information that the developer had launched a protocol on the Polygon network.
  • Sushiswap, Curve and Serum DEX are also in the top DEX.
  • Analysts noted the maximum trading volume of decentralized crypto exchanges in May 2021. After that, the indicator went into correction.
  • Previously, The Block analysts found that bitcoin miners were earning 3 times more in 2021 than the year before. They also found that crypto firms raised more than $25 billion in venture funding by 2021.

We will remind you, earlier in the network there was information that Russia was reforming electricity tariffs because of miners.

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