📉 Trading volumes on the decentralized exchange (DEX) dYdX v4 exceeded $600 million!
- For January 17-18, trading volumes on dYdX amounted to $603 million, ahead of Uniswap ($479 million) 🚀
- Uniswap is losing market share: 9.1447% versus 11.5086% for dYdX
- DYDX token is up over 10% in the last 24 hours, trading around $3.2
dYdX migrated from Ethereum to Cosmos and launched dYdX v4 in October 2023.