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DeFi volumes on exchanges are still far from summer peak

DeFi volumes on exchanges are still far from summer peak

Quick Take

  • On the back of bitcoin’s recent price run, interest in trading DeFi tokens are near lows on multiple exchanges
  • DeFi tokens as a share of total trading volume on Binance have dropped from 18% in September to just 5%
  • The Block examines other exchanges including Coinbase and Kraken

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Author: Steven Zheng


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