Decentralized exchanges (DEXs) ended the month of March with a total monthly volume of $67.32 billion, falling by 8.12% from the previous month, according to data gathered by The Block.
This marks the first time since November 2020 that the monthly DEX volume has decreased.
Uniswap continued to account for the majority of the monthly volume with $41.02 billion. Sushiswap and Curve accounted for $10.06 billion and $5.08 billion respectively. 0x and Bancor Network accounted for another $4.76 billion and $2.59 billion respectively.
Related Reading
More from The Block Crypto
Okcoin is launching SATs mode as part of wider retail push
Source Node: 1087697
Time Stamp: Sep 27, 2021
McDonald’s and Panera Bread file trademarks for virtual restaurants in the metaverse
Source Node: 1605495
Time Stamp: Feb 9, 2022
Healthcare giant CVS files for NFTs and virtual goods trademark
Source Node: 1620993
Time Stamp: Mar 4, 2022
DeFi protocols generated more than $370 million in revenue during May
Source Node: 894235
Time Stamp: Jun 1, 2021
‘Novi is ready to come to market,’ says David Marcus as Diem’s future remains uncertain
Source Node: 1033999
Time Stamp: Aug 18, 2021
Bitcoin miner Stronghold to double capacity via second plant acquisition
Source Node: 1006269
Time Stamp: Aug 3, 2021
A billion-dollar dispute over a trove of Silk Road bitcoins could reveal identity of ‘Individual X’
Source Node: 1052271
Time Stamp: Aug 31, 2021
Venezuelan users of crypto wallet MetaMask say they can no longer access it
Source Node: 1620647
Time Stamp: Mar 3, 2022
The US will elevate ransomware investigations to a similar priority level as terrorism investigations
Source Node: 898124
Time Stamp: Jun 3, 2021
Argo filing reveals Texas mining facility could cost up to $2 billion to build
Source Node: 1105126
Time Stamp: Nov 5, 2021
Greenidge is setting up a new bitcoin mine in South Carolina
Source Node: 956968
Time Stamp: Jul 2, 2021