According to recent insights from @intotheblock, Uniswap ($UNI) remains the largest decentralized exchange (DEX) token by market cap, commanding between 60-85% of the total market share. However, despite its dominance in market value, Uniswap struggles with trading volume, largely due to its limited use cases and lack of enticing pool incentives. In contrast, Curve DAO Token ($CRV), though boasting a smaller market cap, captures an impressive 50% of the total trading volume across DEX tokens. This highlights the significant liquidity and active usage of the Curve platform, making it a standout player in the decentralized finance (DeFi) space. https://twitter.com/jayejone/status/1832286956132126979?t=ls4JljnL_fxBzPyuQfspcw&s=19 CRV
The post Uniswap Leads DEX Market Cap, But Curve DAO Dominates Trading Volume appeared first on The Merkle News.
