CandleFocus Uniswap’s Market Cap Soars, But Pancakeswap Stands Strong in Trading Volume
2024-09-16
Author: Content Editor
According to a report by IntoTheBlock, Uniswap is leading in terms of market cap among decentralized exchanges (DEXes), but its volume dominance is not as significant. Pancakeswap, on the other hand, may have lower token value but is still a top contender in terms of trading volume. The report also includes data on other top DEXes, such as Balancers, Trader Joe, and Sun. This highlights the importance of considering both market capitalization and trading volume when assessing market dominance in the crypto industry.
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