Here are 6 DEX tokens that have seen exponential growth in 2021

Cointelegraph

Published Feb 27, 2021 01:19PM ET

Updated Feb 28, 2021 03:20PM ET

DeFi has steadily grown in prominence over the past year thanks in large part to the strong foundations established by decentralized exchanges (DEX) that enable easy access to the latest tokens and projects.

While there have been previous iterations of DEX user interfaces, such as IDEX (NYSE:IEX) or Etherdelta, it wasn’t until Uniswap launched that trading in the DeFi network really took off and facilitated the launch of the finance tokens.

Uniswap liquidity and 24-hour volume. Source: Uniswap
UNI/USDT 4-hour chart. Source: TradingView
SUSHI/USDT 4-hour chart. Source: TradingView
CAKE/USD 1-hour chart. Source: CoinGecko
SRM/USDT 4-hour chart. Source: TradingView
LINA/USDT 4-hour chart. Source: TradingView

Continue Reading on Coin Telegraph