Derivatives DEX dYdX beats out Coinbase’s spot markets by volume amid China FUD By Cointelegraph
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Derivatives DEX dYdX beats out Coinbase’s spot markets by quantity amid China FUDDecentralized derivatives change dYdX has seen a surge in commerce exercise as considerations surrounding a renewed Chinese language crypto crackdown have circulated this yr, with the decentralized change (DEX) now processing extra quantity than Coinbase’s spot markets for the primary time.
In line with CoinGecko, dYdX has facilitated greater than $4.3 billion value of trades prior to now 24-hours, beating out Coinbase’s $3.7 billion in quantity by almost 15%. DYdX founder and former Coinbase (NASDAQ:) worker Antonio Juliano celebrated the milestone in a Monday tweet.
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