Chinese investors turn to DEXs to skirt crypto ban
The blanket crypto ban has had the knock-on effect of popularizing DEXs in China.
The latest in decentralized exchange innovation, liquidity trends, and on-chain trading data.
Since the crypto bull market in 2017, many innovators in the crypto industry have recognized that not competing, but rather providing something different, is one of the maximum surefire methods to capitalize on the rising crypto asset class.
There is a growing need for quality decentralized exchanges.
Orca raised $18 million in a recent Series A funding round to develop user-friendly AMM for the Solana ecosystem.
Despite volume on DEXs halved since May, June as the dialed-down month still proved to be the third highest all-time.
The ‘community’ can propose how Uniswap’s future shapes up and support for an upcoming Layer-2 solution is at the top of that list for now.
High fees are a huge concern for new traders on Ethereum DEXs. But a new solution looks to change that.