Uniswap dominates 78% of the DEX market

Since November began, the daily and weekly trading volume on Decentralized exchanges took a significant hit. Uniswap, the leading DEX, witnessed a 53% drop in weekly volumes from $26 billion to $12 billion.

However, Uniswap’s domination grew. Amongst all the DEXes in the market, currently, Uniswap dominates 78% of the weekly volumes, followed by SushiSwap and Curve at 6.3% and 4.8%, respectively.