Crypto News Bulletin from bitcoinist

Wednesday February 24, 2021 7:04 PM
1 week 14 hours ago

Data Shows Decentralized Perpetual Swap Protocols Are “Lacking”

DeFi is a revolutionary concept in which traditional financial products and services can be operated without intermediaries like banks. The emergence of Uniswap created alternatives for traders to access liquidity, and since then there’s been an explosion of decentralized exchanges and quite a lot of decentralized perpetual swap protocols have been developed. However, data shows that although decentralized perpetual swap protocols should be seeing about $4.7B in trading volume based on Uniswap’s daily average, combined, […]