DeFi explosion: Uniswap surpasses Coinbase Pro in daily volume

in coastalconserve •  4 years ago 

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Uniswap, the most widely-used decentralized exchange (DEX) on Ethereum, surpassed Coinbase in daily volume on Aug 30. The explosive growth of the Decentralized Finance (DeFi) market has pushed many avid investors to DEXes over centralized exchanges.

Interesting article about how Uniswap has taken off and what it might mean for the market as a whole. I've never used Uniswap but it looks like the whole defi thing is going to be the future in crypto trading. Coinbase had better be thinking about lower their fees or they are going to lose a lot of their market share. Maybe that's why they are trying to go public now, they might see the writing on the wall......

Read the full story here....
https://cointelegraph.com/news/defi-explosion-uniswap-surpasses-coinbase-pro-in-daily-volume

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Coinbase had better watch out, or at least go public soon

Crypto not looking good right here

I do think that the low will be put in Tuesday with the markets opening, for whatever that's worth

I'll probably buy a little more in next week

This post has received a 50.53 % upvote from @boomerang.