Glad you guys are enjoying that video. I wanted to quickly t | Coin Bureau Insider

Glad you guys are enjoying that video.

I wanted to quickly talk about some of the more exciting news I came across today. That was the fact that Coinmarketcap.com had just launched Uniswap ERC20 token swaps on its website.

https://twitter.com/Uniswap/status/1410032279699787776

The reason that this is so important is because CMC is perhaps the crypto website with the highest traffic of all. Just to give you an idea, it ranks 129 in Global Website traffic.

Here are where some other websites rank:

- Binance.com: 149
- Coinbase.com: 541
- Robinhood.com 756

Yep, it ranks higher than all of these centralised trading platforms.

So, what this means is that millions of visitors on CoinMarketCap will now have the ability to use Uniswap's DEX right there on the website.

The amount of additional volume that this could bring Uniswap cannot be underestimated. People will just need to fire up their wallets and they can execute a trade right there on CMC.

Even if they do have accounts at Binance (which owns CMC), they are currently directed out of CMC. They will have to separately log into their Binance accounts. Now, they can swap right there on CMC without even leaving the platform - seamless and sweet.

What's even more interesting about this is that CMC has hinted that they could be supporting other Dex integrations. Now, I am not a betting man, but if I were to speculate...

- A BSC Dex like PanCakeSwap: CMC lists hundreds of tokens that run on BSC. They will need a Dex for those tokens and my bet is on PanCakeSwap. Oh, and Binance owns CMC so a Binance Smart Chain Dex is only logical.

- A Dex Aggregator like 1inch: I have always been a fan of 1inch and their aggregation protocol is one of the best I have seen. Why would CMC want to integrate with numerous other DEX's when they can just integrate 1 more that has pricing from so many different places?

I also think that this could help precipitate a broader trend. There are several other coin tracking and analytics websites that may want to follow suit. It makes sense from their perspective as it means more viewers will spend time on their site instead of navigating away to another Dex or Cex.

Of course, there are many of you that are no doubt wondering what this could mean for the native tokens of the DEXs in question.

Well, in most cases these DEXs have a tokenomic model where some of the fees generated are used in a treasury fund. This fund is then used in order to further development on the protocol and those who decide on the allocation of these funds are the token holders who vote.

So, the more "valuable" a DEX based on the fees it generates, the more valuable these voting or "governance tokens" are.

Therefore, it is not unrealistic to claim that in the long run, the Governance token bares some relation to the total volume going through the DEX.

It will be interesting to see how things progress from here...