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Ethereum sees major shift from centralized exchanges to DeFi Ethereum sees major shift from centralized exchanges to DeFi Andjela Radmilac · 11 months ago · 3 min read
α ▸ ▸ Analysis

Ethereum sees major shift from centralized exchanges to DeFi

with insights from Glassnode

Only 11.81% of Ethereum's total supply remains on centralized exchanges, marking a significant shift towards DeFi investments.

Andjela Radmilac
Dec. 13, 2023 at 7:50 pm UTC
3 min read
Updated: Dec. 13, 2023 at 7:33 pm UTC
Ethereum sees major shift from centralized exchanges to DeFi

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

Ethereum's shift from centralized to decentralized exchanges signals a maturing market. A 29.68% drop in Ethereum holdings on CEXs enhances DeFi's profile. Uniswap V3's trading volume underscores investor confidence. Uncover the driving force behind this significant realignment in Ethereum's landscape with CryptoSlate Alpha...

In this article

Ethereum ETH (24h)
$3,137.89 +0.28%
Vol: $30.03B MCap: $377.87B

Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).

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