The largest decentralized exchange (DEX) Uniswap has surpassed Coinbase for the first time in history for the first time in history, as its monthly spot trading volume has risen to over $70 billion after a long time.
The US banking crisis and especially the regulatory pressures on centralized cryptocurrency exchanges continue to shape the flow of money in the market. With increasing regulatory pressures, coinbase And Binance While there is a net asset outflow from stock markets such as decentralized finance (DeFi) demand increased.
According to the latest data Uniswap spot trading volume, March per month January 2022 since first times 70 billion dollars climbing on 71.6 billion dollars reached and is the largest cryptocurrency exchange in the USA. coinbasein this field 45% left behind.
Uniswap tops Coinbase with volume in March two months in a row for the first time in history has left behind. Coinbase’s spot volume for March $49.4 billion was limited to. UniSwap, which also led the way in terms of volume in February, 45 billion dollar volume, compared to Coinbase’s February $40 billion managed to stay on top of its size.
The first edition specific to centralized exchanges was the Wells notification sent to the popular US cryptocurrency exchange Kraken for staking services. A similar warning was then made to Coinbase, and soon after, Binance and CEO To Changpeng Zhoa (CZ) The lawsuit was filed by the U.S. Commodity Futures Trading Commission (CFTC).