DEX projects set a record for monthly turnover
In December, DEX projects showed the second highest turnover in history
The total turnover of decentralized exchanges amounted to $23.3 billion. This figure is 36.5% higher than in November. The maximum in 2020 was recorded in September and amounted to $26.3 billion.
The undisputed leaders among DEX projects:
- Uniswap (54.9%)
- Sushiswap (13.2%)
- Curve (10.8%)
And for the first time, SushiSwap came out on top of the Curve.
Spot trading volume on crypto exchanges
In December, it amounted to $379 billion, the highest since January 2018.
The chart below shows the spot volumes of the TOP-20 crypto exchanges. Binance had the largest amount of cash - $219.5 billion, Coinbase - about $45.7 billion.
In 2020, the total turnover of legal crypto exchanges amounted to $1.82 trillion.