![]() ![]() Uniswap is one of the largest decentralized exchanges by volume, and a pioneer within the decentralized finance (DeFi) sector. Below is a decentralized exchange list covering some of the most popular DEXs in the crypto space today and exploring how they each cater to their own user base of crypto traders and investors. That said, decentralized crypto exchanges continue to make strides toward refining the user experience and developing scalable infrastructure. DEXs tend to have lower fees and more accessibility to a wider range of assets, but these advantages are sometimes provided at the expense of liquidity, security, and usability. In some cases, trading pairs can be established without any centralized oversight or permission. Popular DEXs generally offer a wider array of digital assets than their centralized counterparts. These trustless, secure transactions represent an accelerating segment of the digital asset market, and are pioneering new financial products to enhance market making and liquidity. In the absence of a central authority, DEXs employ smart contracts that self-execute under set conditions and record each transaction to the blockchain. In contrast to centralized exchanges (CEXs) - which retain custody of user funds held on the platform - decentralized platforms are generally non-custodial, meaning a user remains in control of their private keys and assets when transacting on a crypto DEX platform. The SEC charged Binance with a deception of investors and trade turnover manipulation and Coinbase with illegal trading with securities.A decentralized exchange (DEX) is a peer-to-peer (P2P) cryptocurrency marketplace that connects buyers and sellers. regulator accused two large centralized platforms of violating U.S. Thus, Binance recorded an outflow of funds in the amount of $778 million. According to analytical company Nansen, over the past two days, Binance users withdrew more than $1.6 billion from the platform, while the inflow of funds amounted to only $871 million. Trading volume figures on CEXs didn’t show a significant decrease, but net outflow of funds from centralized crypto exchanges turned out to be considerable. Curve (Ethereum) saw a $51 million (+50%) rise in trading volume over the last week, reaching $153 million, with trading activity growing by 18% over the last two days.Trading volume on PancakeSwap V3 (BSC) grew by $37 million (+41%) over the last seven days and reached $126 million, with trading activity increasing by 46% over the last two days.Uniswap V3 (Arbitrum) showed a 22% increase in trading volume over the last two days, with weekly trading volume up $106 million (+51%), reaching $393 million.Trading volume on Uniswap V3 (Ethereum) reached $978 million, showing an increase of $300 million (+45%) over the week, with a 23% surge in trading activity over the last 48 hours. ![]() Trading volume on the leading decentralized cryptocurrency exchanges has increased by an average of 30% in the last 48 hours, and the weekly trading activity figure showed a growth of more than 50%.Īccording to CoinGecko, the total trading volume on the four largest DEXs went up by ~$494 million between June 1 and June 7. Major decentralized cryptocurrency exchanges (DEX) are showing growth in trading volume after the Securities and Exchange Commission (SEC) filed charges against Binance and Coinbase. Trading Volume on DEXs Rises Amid SEC Pressure on CEXs
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