Dex Platforms Trade Over $2.4 Billion in 7 Days, Defi Swaps up 68% Since Last Week
In 2020 with the rise of Ethereum, dex platforms have grown exponentially with trading applications like Uniswap, 0x, Kyber, and more. Today according to statistics, the billions of weekly trade volume stems from defi exchanges like Uniswap, Balancer, Kyber, Synthetix, Bancor, Loopring, Ddex, Curve, 0x, Idex, Dydx, Oasis, and Gnosis.
The top five dex platforms include Uniswap, Curve, Balancer, Kyber Network, and 0x. 21.3% of today’s dex trades are taking place on Curve a decentralized exchange liquidity pool that’s also built on Ethereum.