Cointelegraph Consulting: Who is winning the battle of the DEXs?

Cointelegraph

Published Mar 12, 2021 09:14AM ET

Updated Mar 13, 2021 11:20AM ET

Decentralized exchanges have continued to increase their market share, spurred on by high Ethereum gas prices, a rapid release of decentralized token sales, and layer two networks incentivizing developers to make their protocols accessible to users on different networks.

The latest findings by Covalent in Cointelegraph Consulting’s biweekly newsletter indicate that the top DEXs on Binance Smart Chain, Avalanche C-Chain, and Polygon (formerly Matic) began to rise in volume as Ethereum gas prices pushed higher.

Continue Reading on Coin Telegraph