Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Decentralized Exchanges (DEX) => Topic started by: Lenipiw on September 03, 2020, 06:22:54 PM

Title: Yield farming frenzy pushes Uniswap daily volume over $1 billion
Post by: Lenipiw on September 03, 2020, 06:22:54 PM

Uniswap has become the first decentralized exchange to tag ten-figure volumes amid a yield farming frenzy and vampire attacks.
A dramatic spike in yield farming activity associated with SushiSwap and similar protocols has seen Uniswap become the first decentralized exchange (DEX) to exceed $1 billion in 24-hour trade volume.

According to crypto data aggregator CoinGecko, Uniswap V2 is currently the third-largest exchange by normalized trade volume with $1.02 billion worth of ERC-20 tokens changing hands over the past day.
Visit here: https://cointelegraph.com/news/yield-farming-frenzy-pushes-uniswap-daily-volume-over-1-billion

Title: Re: Yield farming frenzy pushes Uniswap daily volume over $1 billion
Post by: highnayem34 on September 06, 2020, 05:08:26 PM

Uniswap is the most trusted site to buy crypto tokens. CoinGecko ranks Uniswap below only Binance and OKEx, who represent $6.25 billion and $1.10 billion in daily trade volume.