January's decentralized exchange volumes are on track to reach record highs

This month’s decentralized exchange (DEX) volumes are set to break September 2020’s record highs. According to data compiled by The Block, current DEX volumes for January 2021 are $26.01 billion with 15 days remaining for the month. In September, DEX volumes reached $26.6 billion fueled by DeFi Summer.    Uniswap currently makes up 44.85% of […]
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Jan 16, 2021, 4:17PM UTC

A proposal: Do nothing with Uniswap's liquidity incentives

To recap: Uniswap’s initial liquidity mining rewards ran from September 18th to November 17th. 20 million UNI were distributed to liquidity providers for four trading pairs (5 million UNI each) — ETH/USDT, ETH/USDC, ETH/DAI, and ETH/WBTC. At the current UNI price, the distributed amount is worth about $70 million. To put this in perspective, 20 […]
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Dec 1, 2020, 5:36PM UTC