DeFi bucks crypto market correction as Uniswap v3 leads the charge

Cointelegraph

Published May 29, 2021 07:31AM ET

Updated May 29, 2021 09:20AM ET

Decentralized exchange Uniswap successfully launched version 3 of its platform in May — resulting in high trade volumes despite a downturn across the cryptocurrency markets.

The latest version of the hugely popular decentralized finance (DeFi) automated market maker (AMM) has quickly attracted a sizable amount of trade volume, seeing it move into the top five decentralized exchanges alongside Sushiswap, PancakeSwap v2 and its predecessor, Uniswap v2.

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