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RE: Ranking The Top DeFi Protocols | Data on TVL, Volume, Users and More | May 2024

in LeoFinance2 years ago

Since the transaction fee on the Uniswap exchange is high, transactions are generally made by whales. The volume is high. The number of small investors is not many. Since transaction fees are low in the Solana (Jupiter) and Binance Chain (Pancakeswap) networks, the number of users is high and the number of arbitrageurs is also high. As such, the number of active users also increases.