Uniswap’s dominance over the Ethereum DEX sector continues to grow, with the exchange representing more than half of the sector’s combined weekly volume. The amount of collateral on decentralized exchanges is nearing a milestone high of $10 billion, with Uniswap still sitting at the top of the heap.
Volumes and liquidity on decentralized exchanges have surged in 2021, with collateral approaching a milestone high of $10 billion.
DEX volumes for February soared to a record $72 billion. Uniswap has over half of the total liquidity locked up in DEXes with a TVL of $5.4 billion.
Uniswap’s dominance over the Ethereum-powered DEX sector is growing, with the exchange hosting roughly $6.5 billion worth of weekly trade or 62.2% of combined trade across Ethereum DEXes.
DeFi aggregators are growing at an big rate, with volumes so far this year already dwarfing that of the entirety of 2020. The sector’s combined volume for March has already tagged $44.3 billion — more than October and November 2020 combined.
