Today news
About the same in other media
tbDEX and how it could be crucial to DeFi market, Square’s fortunes
Reading now: 317
ambcrypto.comDecentralized Exchanges are a huge attraction in the DeFi space. Hence, it is no surprise that Square has decided to dip its toes in it as well. Its recent announcement comes at a time when the entire DeFi market is pulling around after a week-long affliction. Can its effect help the market recover? And more importantly, can it help Square itself?
Week-on-Week, Decentralized Exchanges’ (DEXs) trading volumes have been shooting up. The total volume stood close to $27 billion about 5 weeks ago, with the same crossing the $46.4-billion mark last week.
DEX weekly trading volume | Source: Coin98
In the DeFi space, DEXs are still the leading category of all protocols. On most of the top blockchains including the Binance Smart Chain, Ethereum,
Read more on ambcrypto.comAbout this in other media
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
