dYdX Beats Uniswap, Bitcoin Outlook Dour

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<p><b>Decentralized exchange dYdX, which recently migrated from Ethereum to Cosmos, has replaced one of Uniswap’s markets as the </b><b>largest</b><b> DEX by daily trading volume, according to </b><b>data</b><b> from CoinMarketCap. </b>The Cosmos-based v4 version of dYdX just saw $757 million of volume over a 24-hour period, topping Uniswap v3, which had $608 million, the data shows. dYdX’s v3 market, which still operates, had $567 million, enough for third place. According to dYdX, the total trade volume so far for its v4 market since launch is $17.8 billion. In 2023, dYdX’s v3 saw a total of over $1 trillion in trading volume, with several days exceeding $2 billion of trading volume.</p>
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