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RE: Uniswap Users Are Declining | Data on users, total value locked and trading volume

in LeoFinance5 years ago

Really doesn't surprise me at all. Stories like this:

https://cointelegraph.com/news/defi-user-pays-36k-for-one-uniswap-transaction-as-eip-1559-draws-closer

are becoming more and more common lately. Sure, most of the time it's smaller amounts, but it's just not worth it to pay these fees. With the emergence of the corresponding alternatives - see Binance - the market is becoming more and more competitive. I expect the volume to continue to move away from UniSwap.

Posted Using LeoFinance Beta