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Synthetix (SNX) trading volume overtakes GMX, but is the DEX token rally sustainable?

May 25, 2023 by DIGIT
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Volumes at Synthetix surpassed it’s nearest DEX competitor, but contracting user activity across decentralized exchanges could be a red flag.

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Categories decentralized exchange, derivatives
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  • solanaSolana(SOL)$259.351.66%
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  • bitcoinBitcoin(BTC)$98,887.000.91%
  • ethereumEthereum(ETH)$3,419.313.88%
  • tetherTether(USDT)$1.000.15%
  • solanaSolana(SOL)$259.351.66%
  • binancecoinBNB(BNB)$670.668.50%
  • rippleXRP(XRP)$1.5510.33%
  • dogecoinDogecoin(DOGE)$0.47124019.10%
  • cardanoCardano(ADA)$1.0922.51%
  • usd-coinUSDC(USDC)$1.000.07%
  • staked-etherLido Staked Ether(STETH)$3,416.813.75%