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SOL Targets $300 After Outperforming Ethereum in DEX Volume
25.11.2024
Amid the bullish momentum in the cryptoverse, Solana has crossed the $100 billion mark in monthly DEX volume.…
Solana DEX volume hits record high: Is SOL price headed to $300?
25.11.2024
Solana’s monthly DEX volume surpasses $100 billion for the first time, fueled by high network activity and the memecoin frenzy
Raydium beats Ethereum in 24-hour fee revenues
22.10.2024
Solana-based Raydium clocked $3.4 million in fee revenue on Oct. 21 versus $3.35 million for Ethereum, according to DeFiLlama.
BNB Rebounds at $530 Even as Binance’s DEX Volume Drops by 24%
3.9.2024
Binance’s native token, BNB finally sees some light as it rebounded and broke through $530, after a jump…
macOS of blockchains? Solana captures 60% of new DEX volume in May
20.6.2024
Solana’s market share on decentralized exchanges rose from 0% in early 2021 to 24% in May 2024, thanks to a similar approach to Apple’s macOS, said Pantera Capital
DEX volume rises: What does it indicate for BNB’s price?
13.5.2024
According to Artemis data, Binance’s BNB Chain decentralized exchange (DEX) trading volume has spiked beyond $700 million for the first time since May 2. This rise in DEX volume is indicative of heightened user activity and involvement on the BNB Chain network. This climb in BNB Chain’s...
Solana Leapfrogs Ethereum on DEX Volume
20.3.2024
The meme coin frenzy seems to have catalyzed higher volumes on the Solana blockchain, which also boasts greater capital efficiency than Ethereum
Decentralized Exchanges Near Trillion-Dollar Milestone: A Year of Record Volumes
5.1.2024
Per data analysis, decentralized exchange (dex) platforms nearly reached a trillion dollars in trading volume, posting $960.69 billion over the past year. Moreover, dex activity in December exceeded the previous 2023 high of $132.26 billion, concluding the month with $135.86 billion in finalized...
Solana’s Dex Platforms Eclipse Ethereum in Weekly Trade Volumes
27.12.2023
Recent statistics reveal that in the last week, decentralized exchange (dex) platforms built on Solana have surpassed Ethereum in market performance. Data indicates that Solana-based dex platforms achieved a volume of $1.447 billion in the past day, overshadowing the $1.282 billion recorded...
Weekly DEX Volume on BNB Chain Hits Highest in a Year
15.5.2023
Lower fees and Binance’s popularity are among the reasons noted by market analysts
Unique Addresses Tethered to Ethereum Defi Apps Climb Past 3 Million
28.7.2021
The number of users or unique addresses leveraging decentralized finance (defi) protocols via Ethereum has risen past 3 million according to recent statistics. A vast majority of these unique addresses use the defi protocol Uniswap, as 2.4 million users have been recorded since December 2018....
Despite Negative Press, Binance Is Still the World’s Largest Crypto Spot and Derivatives Exchange
19.7.2021
While Binance has had a few issues with payment service providers and regulators from a few countries, the centralized cryptocurrency exchange is still the largest trading platform in terms of trade volume. During the last 24 hours, Binance has recorded roughly $8.6 billion in swaps and the trading...
Uniswap v3 flips v2 on volume — and both versions flip Bitcoin on fee revenue
26.5.2021
Both iterations of the world’s most popular DEX now generate more fee revenue than Bitcoin
Ethereum’s Q1 Stats Report Highlights Blockchain’s ‘Ultra Sound’ Financial Growth in 2021
17.5.2021
During the first three months of 2021, the cryptocurrency ethereum has shined as 90-day statistics highlight the digital asset has climbed close to 80% in value. On Monday, former Ark Invest analyst James Wang published a detailed summary highlighting the Ethereum project’s first-quarter...
PancakeSwap (CAKE) gains 444% as its daily DEX volume surpasses $90M
6.2.2021
PancakeSwap’s DEX volume has grown by 350% in six weeks, causing its CAKE token rally 444% and the platform appears on track for even larger gains
1INCH price rallies 30% as its monthly DEX volume nears $6 billion
28.1.2021
The total value locked at 1inch is closing in on $1 billion and the decentralized exchange aggregator has processed nearly $6 billion this month
Bancor soars 86% in two days as Coinbase lists BNT, DEX volume spikes
16.12.2020
The price of BNT, the native token of the Bancor protocol, spiked by 86% in two days
Decentralized Exchange Volume Rose 103% in September to Record $23.6B Even as Growth Consolidated
1.10.2020
Strong trading incentives have “cannibalized volume” from other DEXs, said one analyst
Uniswap Captures $2 Billion Locked, Dex Volume Outpaces Second-Largest Centralized Exchange
30.9.2020
The decentralized exchange (dex) built on Ethereum, Uniswap has accumulated a whopping $2 billion in total value locked (TVL) this week. Tuesday’s data shows out of all the decentralized finance (defi) application’s Uniswap dominates the $11 billion landscape by over 18%. Just recently...
DeFi’s popularity has pushed DEX volume past $11B
1.9.2020
Can anything slow DeFi’s growth at this point?