Decentralized exchanges (DEX) are starting to attracts some reasonable volumes with myriads of tokens you probably have never heard of now exchanging hands daily to the tune of combined trading volumes currently standing at $22 million for DEXs operating on ethereum’s blockchain.
One of the most used currently is IDEX, which has been one of the top burners of ethereum gas for some time, accounting currently for 5.45% of all on-chain ethereum transactions.
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The volume will continue to grow. Many people realize how young this space is still.
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