SEC crackdown on Binance and Coinbase surge DeFi trading volumes 444% By Cointelegraph
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The median trading volume across the top three decentralized exchanges (DEX) jumped 444% in the past 48 hours as crypto investors reeled from the United States securities regulator’s recent legal actions against cryptocurrency exchanges Coinbase (NASDAQ:) and Binance.
According to aggregated data from CoinGecko, total daily trading volumes on V3 (), Uniswap V3 (Arbitrum) and Pancakeswap V3 (BSC) — which account for 53% of the total DEX trading volume in the last 24 hours — increased by more than $792 million between June 5 and June 7.
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The median trading volume across the top three decentralized exchanges (DEX) jumped 444% in the past 48 hours as crypto investors reeled from the United States securities regulator’s recent legal actions against cryptocurrency exchanges Coinbase (NASDAQ:) and Binance.
According to aggregated data from CoinGecko, total daily trading volumes on V3 (), Uniswap V3 (Arbitrum) and Pancakeswap V3 (BSC) — which account for 53% of the total DEX trading volume in the last 24 hours — increased by more than $792 million between June 5 and June 7.
Continue Reading on Coin Telegraph
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