DEX Voumes increase to $1.5 Billion


Decentralized Exchanges are making more revenue in the recent days. DEX platforms is being used by traders more than CEX as it also provides more secured platform to trade cryptos anytime without the involvement of third parties.


The users base for DEX and number of trades on the DEXs increases each day to a high amount and this pandemic period has predominant effects on the crypto markets.

Recent news in “The Block” shows that
“Monthly volumes for DEXs soared past $1.5 billion to hit all-time high in June”

It summarizes that

Decentralized exchanges saw their busiest month ever in terms of trade volume, according to new market data.
The raw figures, collected from Dune Analytics, show that DEXs posted a monthly volume of $1.51 billion for June. This represents a month-over-month increase of 70%

The raw figures, collected from Dune Analytics, show that DEXs posted a monthly volume of $1.51 billion for June. This development represents a month-over-month increase of 70% – compared to May's $894.2 million – and a 46% increase over the previous all-time high in March, which came in at $1.03 billion.

The automated market-maker protocols Uniswap and Curve contributed the most to June's volume figure, as shown in the market share chart below. Together, they contributed to 53% of the overall volume recorded.

This shows that DEX has a welcoming nature among crypto traders in this digital era. If you have a thought to start your own business, launching a DEX platform as like Uniswap or curve can bring you high revenue with low capital investment.


With Low investement. Sounds good, right?

Contact Bitdeal for more information about starting your own decentralized exchange platform with our Decentralized Exchange Script which has many premium features inbuilt.

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