CoinGecko introduced on Twitter that within the second quarter of this yr, the turnover of the highest ten DEX transactions was 155 billion US {dollars}, which is 30.8% lower than the primary quarter.
Amongst them, Uniswap maintained the most important DEX positions, accounting for as a lot as 70% of the buying and selling quantity in Might.
In response to earlier information, a report from CoinGecko reveals that in 2023 within the second quarter, the whole quantity of spot transactions of the highest ten centralized cryptocurrency exchanges was 1.42 trillion US {dollars}, which is 43.2% lower than within the first quarter.
Binance has been hit arduous by pulling out of some markets, being sued by the SEC, and layoffs. Her dominance dropped from 61% to 52% in simply three months.
The stablecoin market was additionally affected, with the BUSD dropping 45.4% of its worth between April and June.
TUSD grew to become probably the most secure coin with the most important improve in market capitalization within the second quarter, with a 50% improve in market capitalization.
USDT’s market cap elevated by 4.4%, and it nonetheless holds the highest spot with 66% of the stablecoin market share.
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