Return of the DEX: Trading Volumes Poised to Set New Record
Decentralized exchange volume is on pace to hit $55 billion in January. That’s roughly half of total volume for all of 2020.

Uniswap (UNI) is an Ethereum token that powers Uniswap, an automated liquidity provider that’s designed to make it easy to exchange Ethereum (ERC-20) tokens. There is no orderbook or central facilitator on Uniswap. Instead, tokens are exchanged through liquidity pools that are defined by smart contracts.
Decentralized exchange volume is on pace to hit $55 billion in January. That’s roughly half of total volume for all of 2020.
A decentralized finance (DeFi) project is gearing up to debut a token that aims to allow users to capture the value of the entire market. The post DeFi project offers new way to trade the entire $1 trillion crypto market appeared first on The Block.
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