Decentralized Exchange Aggregator Trade Volume Reaches All-Time Highs

More and more traders are turning to DEX aggregators to find the best value for their token trades. In recent weeks, the market volume of popular exchange rate aggregators (DEX) has reached new highs.

In recent weeks, the market volume of popular exchange rate aggregators (DEX) has reached new highs.

DEX aggregators provide token and exchange traders the ability to explore multiple DEX platforms for the best results.

Popular DEX aggregators like 1inch, 0x, and ParaSwap have seen their market share increase in recent months, according to Dune analytics. Our consolidated consolidation increased by $ 6 billion last week, up 50% from the beginning of November.

According to data from Dune, 1 inch is currently trading with 55% market share, but 0x is catching up, with data in December of 42%. Last week, 1inch announced a Series B funding led by Amber Group, raising $ 175 million.

According to data from 0xTracker, the DEX aggregator has held $ 3 billion in the packaging industry in the past 7 days.

0x provides an API that DeFi developers can use directly for token exchange by integrating DEX into smart contracts.

Protocol 0x also includes a local DEX called Matcha, which has hit $ 4.7 billion in the packaging industry in the past 30 days, according to a Dashboard report.

According to Dune's DEX analysis report, in the past 24 hours, DEX market volume reached $ 4 billion, up from $ 33 billion last week. The agglomeration in this volume is now 20%.

According to Dune data, Uniswap is by far the current leader in the DEX market with a 79% share. He made $ 26.2 billion in the packaging industry last week. SushiSwap, the first leader under the Uniswap name, took second place in the DEX market with a 9.8% share.