Analysis
Monthly DEX Spot Trading Volume Decreased in April
In April 2022, the monthly decentralized exchange volume showed a decrease of 21.27% from the volume registered in February: $92.18B —> $117.09B. Year-over-year trading volume decreased by 1.5% in April.
At the same time, the market environment has not changed the position of the leaders. According to the data from CryptoRank, Uniswap and PancakeSwap are still leading in terms of trading volume, they accounted over 60% of DEX trading volume in April.
👉 https://cryptorank.io/exchanges/analytics
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