đ dYdX now largest DEX by volume, surpassing Uniswap !
Decentralized exchange dYdX, having recently migrated from Ethereum to Cosmos, now holds the top spot in daily trading volume among decentralized exchanges (DEXs). The Cosmos-based v4 version of dYdX recorded $757 million in 24-hour trading volume, surpassing Uniswap v3, which had $608 million. dYdX's v3 market, still operational, secured third place with $567 million. dYdX reported a total trade volume of $17.8 billion for its v4 market since launch, and in 2023, its v3 market achieved over $1 trillion in total trading volume, with several days surpassing $2 billion.
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