Metrics Show Decentralized Exchange Volumes Continue to Slide This Year – Defi Bitcoin News

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Metrics Show Decentralized Exchange Volumes Continue to Slide This Year – Defi Bitcoin News
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DEX volumes have been dropping since December 2021 according to current statistics. DeFi

indicates that Uniswap version three is the largest dex by 24-hour trade volume, with $1.29 billion during the last 24 hours. Following Uniswap v3, dex platforms like Pancakeswap v2, Dydx, and Curve Finance hold the top 24-hour volume positions at the time of writing.

The dashboard called “DEX Metrics” on Dune Analytics, shows dex trade volume during the last seven days, out of more than a dozen dex protocols, is approximately $14 billion. The trailing seven-day metrics indicate the dex volumes recorded on the Dune Analytics’ dashboard are down 22%. Data from theblockcrypto.com’s crypto dashboard shows 30-day statistics stemming from five high-volume dex platforms and 16 smaller dex protocols.

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