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In the second quarter of 2024, the DEX transaction volume reached 370.7 billion US dollars, and Uniswap accounted for 48% of the market share

In the second quarter of 2024, the DEX transaction volume reached 370.7 billion US dollars, and Uniswap accounted for 48% of the market share

Odaily2024/07/21 15:05
By: Odaily
UNI-4.41%XOLDTOKEN0.00%BLUR-4.37%
Odaily News CoinGecko published an article on the X platform stating that the transaction volume of DEX in the second quarter reached 370.7 billion US dollars, a month-on-month increase of 15.7%, mainly due to the surge in Meme coin projects and a large number of airdrops. Uniswap is still the top DEX, with a market share of 48% by the end of June 2024. The transaction volume of Thruster in the Blast ecosystem increased by 464.4% month-on-month to 6 billion US dollars, with a market share of 3%; in addition, thanks to the Meme coin transactions on the Base chain, Aerodromes transaction volume increased by 297.4% to 5.9 billion US dollars and occupied 3% of the market share.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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