Market Wrap: Bitcoin Holds at $10.7K; Uniswap Volume Drops
Bitcoin’s price struggles to stick to $10,700 as Uniswap’s decentralized exchange trading volume falls to cap September.
The decentralized finance (DeFi) market is slumping as large-cap tokens like Uniswap (UNI), Yearn.finance (YFI), and Maker (MKR) decline. Atop the lackluster performance of major tokens, the volume of the Uniswap decentralized exchange has substantially dropped. On September 1, when Uniswap surpassed Coinbase Pro in daily volume, it processed $953.59 million of volume in 24 […]
Bitcoin’s price is making gains for the second day in a row as investors park more crypto in decentralized exchange Uniswap.
Bitcoin briefly dropped below $19,000 on a low-volume day while the ether options market seems to be in decline for now.
The greater DeFi category has given birth to a variety of cryptocurrency market winners over the last year or so, but few have become as dominant as Uniswap. Not only has the related UNI token performed incredibly well itself, Uniswap’s dominance has resulted in DEX volume growing more than 1,000 times from this point last […]
Several users have aired complaints about the new version, especially its higher gas fees. The founder of Uniswap, Hayden Adams, has reported that the launch day of Uniswap’s v3 iteration was more successful than its predecessor in terms of volume.In a tweet on May 6th, Adams declared the launch of Uniswap v3 the day before a resounding success. He noted that over its first 24 hours of going live v3 had already processed more than twice the volume that v2 saw in its first month.Dividing Uniswap’s volume by total value locked, or TVL, Adams asserted the platform is operating with greater....