CoinGecko tweeted that within the second quarter of this yr, the spot buying and selling quantity of the highest ten DEXs was $155 billion, down 30.8% from the primary quarter.
Amongst them, Uniswap maintained its place as the most important DEX, accounting for as much as 70% of buying and selling quantity in Might.
In keeping with earlier information, the CoinGecko report reveals that within the second quarter of 2023, the full money transactions of the highest ten centralized cryptocurrency exchanges totaled US$1.42 trillion, down 43.2% from the primary quarter.
Binance has been closely impacted by withdrawals from sure markets, SEC lawsuits, and layoffs. His dominance went from 61% to 52% in simply three months.
The stablecoin market was additionally affected, with BUSD dropping 45.4% of its worth between April and June.
TUSD grew to become the stablecoin with the most important improve in market worth within the second quarter, and its market worth elevated by 50%.
The market worth of USDT elevated by 4.4% and nonetheless ranks first, accounting for 66% of the stablecoin market share.
DISCLAIMER: The data offered by WebsCrypto doesn’t symbolize any funding suggestion. The articles printed on this website symbolize private opinions solely and don’t have anything to do with the official place of WebsCrypto.
