Cryptocurrency Q&A How many decentralized crypto exchanges are there?

How many decentralized crypto exchanges are there?

DigitalDynasty DigitalDynasty Wed Jul 10 2024 | 5 answers 1084
In the ever-evolving landscape of cryptocurrency, the question of 'How many decentralized crypto exchanges are there?' is of utmost relevance. As the demand for peer-to-peer trading platforms grows, the number of decentralized exchanges, powered by blockchain technology, has seen a significant rise. These exchanges, devoid of centralized control, offer traders a transparent and secure alternative to traditional exchange models. However, given the dynamic nature of this industry, a precise count of such exchanges remains challenging. Nevertheless, it's evident that the number continues to increase, driven by the quest for decentralized finance and the empowerment of individual traders. How many decentralized crypto exchanges are there?

5 answers

CryptoPioneer CryptoPioneer Fri Jul 12 2024
Among the various decentralized exchanges, the dominance of DeFi volume stands at 22.1%, indicating a healthy share of the overall trading activity.

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AzureWave AzureWave Fri Jul 12 2024
The three largest decentralized exchanges by volume are Thruster V3, BlasterSwap, and Uniswap V3 (Ethereum), each contributing significantly to the overall trading volumes.

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Lucia Lucia Fri Jul 12 2024
We maintain a comprehensive overview of the decentralized cryptocurrency exchange landscape, currently tracking 812 such platforms.

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Leonardo Leonardo Fri Jul 12 2024
These exchanges collectively boast a 24-hour trading volume of $26.5 Billion, indicating significant liquidity within the decentralized finance ecosystem.

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Dario Dario Fri Jul 12 2024
However, in the last 24 hours, this trading volume has undergone a -16.36% change, reflecting the volatile nature of the cryptocurrency market.

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