Analysis: Declining DEX Volume Indicates DeFi Investors Are Turning To Bitcoin.

2020-10-30 05:41
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In an October 30 article, Cointelegraph reported that the hype around the financial services industry (DeFi) continued to weaken as Bitcoin continued to reach new highs in 2020. paper, market volume on exchanges Decentralization (DEX) is declining rapidly, further hinting at the decline of DeFi markets. DEX's weekly trading volume increased from $ 8 billion in the first week of September to $ 3 billion from October 19 to 25, and Uniswap accounted for 56% of DEX's total trading volume.

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