High 10 DEX Spot Buying and selling Quantity Down 30.8% In Q2


CoinGecko tweeted that spot buying and selling quantity for the highest 10 DEXs within the second quarter of this yr was US$155 billion, down 30.8% in comparison with the primary quarter.

Amongst them, Uniswap maintained its place as the biggest DEX, accounting for 70% of Could’s buying and selling quantity.

In accordance with the earlier information, CoinGecko reported that the spot buying and selling quantity of the highest 10 centralized cryptocurrency exchanges within the second quarter of 2023 was US$1.42 trillion, down 43.2% from the primary quarter.

Binance has been hit arduous by withdrawals from some markets, lawsuits from the SEC, and job cuts. That dominance dropped from 61% to 52% in simply three months.

The stablecoin market was additionally affected, with BUSD dropping 45.4% of its worth between April and June.

TUSD was the stablecoin with the biggest enhance in market worth in Q2, with a 50% enhance in market worth.

USDT’s market worth elevated by 4.4% and stays primary, with 66% of the stablecoin market share.

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