Uniswap Volume Outpaces Coinbase - Coinleaks
Current Date:May 19, 2024

Uniswap Volume Outpaces Coinbase

Uniswap‘s spot market volume January 2022exceeding $70 billion for the first time since coinbaseHe left behind once again.

coinbaseThe trading volume of the decentralized platform for two months in a row Uniswap’lagged behind. The Block ResearchAccording to the data of UniswapSpot market volume in March reached $71.6 billion coinbasefrom the volume of 45 percent became higher. Thus, March is the decentralized stock market in terms of volume. January 2022It’s been the best bear since.

Coinbase Trading Volume Is Falling

coinbase stated in its weekly market commentary that the volume of the stock market fell in the last week of March. Spot market cap on Coinbase was $49.4 billion last month.

Coinbase noted that trends in the stock market reflect the broader market, with investors focusing more on tokens and stablecoins with large market caps. The stock market said in a statement: SECAnd CFTCrecent regulatory developments regarding Ethereumand because it creates uncertainty in other altcoins bitcoinHis dominance has increased this week as well.”

This volume increase in Uniswap was especially evident in February and March. USAIt came amid protests against centralized crypto businesses in .

central stock market Kraken, In February Securities and Exchange Commission agreed to pay $30 million to settle his charges. The charges were related to the exchange’s failure to record the offering and sale of the crypto-asset staking program as a service.

The SEC sent a Wells notice to Coinbase last month. This notice by the SEC, the firm’s staking service, Coinbase EarnAnd Coinbase Walletwas about.