US-based cryptocurrency exchange Coinbase lagged behind decentralized cryptocurrency exchange (DEX) Uniswap for the fourth consecutive month in terms of trading volume.
On-chain analytics platform of CCData According to recently published data, he has been in contact with the U.S. government. legal process And banking crisis in the middle coinbase end four months Uniswap in terms of transaction volume throughout lagged behind.
March The volumes of both crypto currency exchanges as of start to fall Although Uniswap supremacy He was seen holding it in his hand. March in both stock markets, respectively. 70 billion dollars and 49 billion this year’s trading volume to their highest levels stock markets in April 37 And 34 billion dollar trading volume they regressed was recorded.
February With USDC Coin (USDC) de-peg after Uniswap surpassed Coinbase in terms of volume, many investors switching to decentralized exchanges caused the gap to widen even more. CCData Research Analyst Jacob Joseph, The imbalance in stablecoins contributed to the increase in Uniswap’s transaction volume at that time. claim to have had a great influence brought.
On the other hand, the USA banking crisis and centralized cryptocurrency exchanges regulatory issues as well. crypto investors to decentralized exchanges is being considered.
Joseph, Uniswap’s largest decentralized stock market aspect seize the opportunity in the market for in the right position stated that.
