Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
December 23, 2021 07:09 pm

Decentralized Exchanges Saw Over $1 Trillion in Trading Volume This Year

Decentralized exchanges (DEXs) reported more than $1 trillion in trading volumes in the year 2021, according to The Block Research. From a report: That figure is a massive 858% increase compared to 2020 DEX trading volumes, based on data as of December 23. Last year, DEXs facilitated over $115 billion in trading volumes. Overall, monthly DEX trading volume peaked in May 2021 at $162.8 billion. The most considerable month-over-month growth was in January, with a 137.3% gain, per The Block Research's 2022 Digital Asset Outlook Report.

Read more of this story at Slashdot.


Original Link: https://news.slashdot.org/story/21/12/23/199229/decentralized-exchanges-saw-over-1-trillion-in-trading-volume-this-year?utm_source=rss1.0mainlinkanon&

Share this article:    Share on Facebook
View Full Article

Slashdot

Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..

More About this Source Visit Slashdot