Cryptocurrency Q&A
Which dex ranks highest in terms of 24 hours trading?
Which dex ranks highest in terms of 24 hours trading?
PearlWhisper
Sun Sep 22 2024
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5 answers
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Can you provide some insight into which decentralized exchange, or DEX, is currently ranking highest in terms of 24-hour trading volume? This information is crucial for traders and investors to stay up-to-date with the most liquid and actively traded DEX platforms in the market. By understanding which DEX has the highest trading volume, users can potentially identify the most popular and trusted exchanges to execute their trades on. It's important to note that this ranking can fluctuate frequently based on market conditions and the emergence of new DEX platforms.
5 answers
Nicola
Tue Sep 24 2024
The decentralized exchange landscape is constantly evolving, with various platforms competing for market share. One key metric used to rank these exchanges is their 24-hour trading volume.
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CryptoQueenGuard
Mon Sep 23 2024
At the top of the list, Uniswap V3 on the Ethereum network holds a significant 15.9% market share by volume, demonstrating its dominance in the decentralized finance (DeFi) space.
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Isabella
Mon Sep 23 2024
Following closely behind is PancakeSwap V3, operating on the Binance Smart Chain (BSC), with a 6.9% market share. This highlights the growing popularity of BSC as a platform for decentralized trading.
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Tommaso
Mon Sep 23 2024
Aerodrome SlipStream, another notable exchange, holds a 6.6% market share, showcasing its competitiveness within the decentralized exchange market.
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CryptoQueen
Mon Sep 23 2024
Orca, another exchange that has gained traction, shares the fourth spot with a 6.5% market share. The list continues with 47 more rows, showcasing the diversity and growth of the decentralized exchange ecosystem.
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