DYDX surpasses Uniswap to become the DEX with the largest 24-hour trading volume

According to data from CoinMarketCap, decentralized exchange dYdX, which recently migrated from Ethereum to Cosmos, has surpassed Uniswap to become the DEX with the largest 24-hour trading volume.

Data shows that Cosmos-based dYdX v4 has a trading volume of US$757 million in 24 hours, surpassing Uniswap v3, which has a trading volume of US$608 million, and the still-operating dYdX v3 market has a trading volume of US$567 million, ranking the third.

According to dYdX, the v4 market’s total transaction volume to date since its launch is $17.8 billion. The total trading volume of dYdX v3 in 2023 exceeds $1 trillion. (Coindesk)#热门话题 #DYDX