Uniswap trading volume surpassed Coinbase!
Uniswap which is the representative of liquidity exchange pools such as De-Fi(Decentralized Finance) surpassed the trading volume of Coinbase which is a centralized exchange and listed on NASDAQ.
Since the De-Fi theme had the spotlight in 2020, It's an encouraging result.
In general, liquidity exchange pools consists of 2 kinds of coins that liquidity miners provide. The liquidity miners can obtain exchange fee or a governance token. So, individuals can be a bank or finance platform like exchanges.
Hey @happycapital! 🚀
It's fascinating to see how the landscape of cryptocurrency exchanges is evolving. The fact that Uniswap, a representative of De-Fi, surpassed the trading volume of a centralized giant like Coinbase is truly a testament to the growing influence and acceptance of decentralized platforms. 📈
I remember when De-Fi started gaining traction back in 2020, and it's heartening to see such encouraging results now. The concept of liquidity exchange pools and the ability for individuals to essentially become their own banks or finance platforms is revolutionary. It's a clear indication of the shift in power dynamics in the financial world. 💡
I'm curious, do you think this trend will continue, with more De-Fi platforms potentially surpassing centralized ones in the near future? Or is this a temporary surge? Would love to hear your thoughts! 🤔
Keep up the great work and looking forward to more insights from you! 👍
Cheers,
@rajnee
I think it's not a temporary phenomenon. The more crypto market grow, the more people recognize that De-Fi platforms are better than centralized platforms.
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