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Coinbase effect triggers massive volume spikes for key DEX dapps
The Coinbase effect is back!
DEX Trading volume exceeds $2.5 Billion
Monthly decentralized exchange (DEX) report
High Ethereum gas price drives DeFi dapp 1inch growth
1inch demonstrated steady MoM growth of 20% in April and 2% in May
DeFi powers dapp ecosystem up 16% to $1.9 billion in May 2020
Daily activity down 14% but Ethereum dapps power ahead in May with 25% rise in value
Using Compound as a window into the Ethereum DeFi space
Compound’s supply and borrowing dynamics can show the development of the Ethereum DeFi space
Is Ethereum DeFi gaining an unbeatable lead?
The Ethereum DeFi sector has become a developers’ playground
The most traded pairs on IDEX right now
Utility tokens created 263% growth for IDEX in May
Is Wrapped Bitcoin driving DeFi growth right now?
WBTC market capitalization grew by 192% in 2020
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