2021 turned out to be a record year not only for centralized crypto exchanges but also for decentralized platforms (DEX). The volume of transactions with digital assets on such platforms deployed on Ethereum exceeded $1 trillion from January to December.
The CryptoDiffer team presented a rating of the largest DEXs, the users of which turned out to be the most active in the past year.
The first place continues to be held by the UniSwap platform. The volume of transactions with digital assets on this exchange amounted to about $ 625 billion.
The second and third places were taken by SushiSwap and Curve with a trading turnover of $ 149.6 billion and $ 74.8 billion, respectively.
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May turned out to be a record month in terms of user activity dynamics. The number of transactions this month on the DEX exceeded $ 144 billion. In November, the trading volume amounted to $ 115.6 billion, researchers found.
Note that May was also the most productive month for centralized cryptocurrency exchanges. The number of transactions on such sites in 2021 amounted to $ 14 trillion.
Binance confidently maintains its leadership among trading platforms, accounting for up to 67% of all transactions in the cryptosphere.