dYdX Tops DEX Charts, Surpassing Uniswap with Record Trading Volume

January 19th, 2024
In a striking development for decentralized exchanges, dYdX surpasses Uniswap v3 as the largest DEX by daily trading volume. Achieving $542.5 million in 24 hours, dYdX now boasts 10.7% of the crypto market share. This comes after its strategic move from Ethereum to Cosmos, marking a shift in DEX dominance away from Ethereum. dYdX's price currently stands at $3.015, with technical indicators suggesting potential consolidation and breakout possibilities.
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