Uniswap Overtakes Gemini, Bittrex, Poloniex in Trading Volumes

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Summary

Uniswap, an ethereum based decentralized crypto broker and exchange has handled more in trading volumes than Gemini and Poloniex combined. Gemini, despite the rich backing of the long time bitcoin holding twins, handled only $46 million in trading volumes. In contrast Poloniex, which once was the only exchange where you could buy eth, handled just $56 million in trading volumes. Uniswap trading pairs and volumes, July 2020 Ampleforth (AMPL) has seen a bit of a crash recently, so its trading volumes have jumped with the ETH/AMPL trading pair paying the highest amount of total fees of $165,000 in the past 24 hours. On the other hand on Uniswap just one trading pair handles more volumes than these exchanges perform for all their trading pairs combined.

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Uniswap, an ethereum based decentralized crypto broker and exchange has handled more in trading volumes than Gemini and Poloniex combined.

The defi dapp handled some $108 million in trading volumes in the past 24 hours, double that of many prominent and long established traditional exchanges.

In contrast Poloniex, which once was the only exchange where you could buy eth, handled just $56 million in trading volumes.

Gemini, despite the rich backing of the long time bitcoin holding twins, handled only $46 million in trading volumes.

While the once up and coming and still fairly prominent exchange, Bittrex, did $71 million during the same 24 hour period.

On the other hand on Uniswap just one trading pair handles more volumes than these exchanges perform for all their trading pairs combined.

Uniswap trading pairs and volumes, July 2020

Ampleforth (AMPL) has seen a bit of a crash recently, so its trading volumes have jumped with the...

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