Is Uniswap too dominant with 95%+ DEX volume?

oliverchloe
2022-10-21 11:42:28

Today I decided to look at top DEX's based on volume, as had noticed the DeFi locked market caps had changed a bit, so I was wondering how this affected Unniswap in the decentralized exchange space. I was shocked to find out that this exchange currently has 96% of the dex volume!

AndreasMAntonopoulos
2022-10-21 11:43:07

Currently Uniswap is in the best position among dex. The volume is constantly too high. I am currently starting to swap there. I am constantly going to invest something. I think a great one. However, I have seen that it is possible to swap if the gas fee is deposited in the wallet. Then I think it’s great.

I also find the pie chart very surprising. Because it contains 96.96%. Curious to me, but great.


I think future improvements will be able to sustain or maintain the status quo. But the Ether Delta was the best of the dex. But at present the situation is not very good. However, some new competitor dex may come. As I have heard of three new countries. However, the probability was not known.

Yes I have been using Uniswap lately. It feels good. The total system is much better. defi (decentralized) advanced planning.