Crypto News: DEX Tokens Quietly Surging But The Real Driver Is…
The post Crypto News: DEX Tokens Quietly Surging But The Real Driver Is… appeared on BitcoinEthereumNews.com. Some of the top decentralized exchange (DEX) tokens are going up fast, and the crypo community is not paying attention. Tokens like PancakeSwap, Uniswap, Aerodrome, and Raydium have gained a lot this week. But the reason they’re moving isn’t random. It has to do with the data behind the scenes: the fees, the volume, and the chains people are trading on. DEX Volumes Are Up and Staying High In the past 24 hours in crypto news, people traded over $14.5 billion across all DEXs. That’s a big number. And if you look at last week, the total hits $117 billion. So it’s not just one good day; volume has stayed strong over several days. DEX volume by chain and overall- Source: Dune Protocols like PancakeSwap, Uniswap, and Aerodrome have had some of the highest volumes this week. These aren’t just spikes. People are trading every day, and the numbers are steady. That means users are active, and these platforms are being used a lot. Even looking at the monthly chart, the trend is going up. A few months ago, daily DEX volume was low. Now it’s climbing. That shows users are coming back and using these platforms more regularly. Monthly DEX flows- Source: Dune Crypto News: DEXs Are Earning Real Fees; and DEX Tokens Are Reacting When users make trades on DEXs, the platform collects a small fee. This is how the DEX earns money. Right now, PancakeSwap is earning a lot; $14.3 million in just one day. That’s more than most other DeFi protocols. DEX fees are exploding- Source: Defillama Uniswap earned about $3.6 million, and others like Raydium and Curve also made good money. DEX tokens are mooning- Source: CoinGecko DEX Token 7D Price Performance And the tokens for these DEXs? They’re going up. CAKE is up more…
The post Crypto News: DEX Tokens Quietly Surging But The Real Driver Is… appeared on BitcoinEthereumNews.com.
Some of the top decentralized exchange (DEX) tokens are going up fast, and the crypo community is not paying attention. Tokens like PancakeSwap, Uniswap, Aerodrome, and Raydium have gained a lot this week. But the reason they’re moving isn’t random. It has to do with the data behind the scenes: the fees, the volume, and the chains people are trading on. DEX Volumes Are Up and Staying High In the past 24 hours in crypto news, people traded over $14.5 billion across all DEXs. That’s a big number. And if you look at last week, the total hits $117 billion. So it’s not just one good day; volume has stayed strong over several days. DEX volume by chain and overall- Source: Dune Protocols like PancakeSwap, Uniswap, and Aerodrome have had some of the highest volumes this week. These aren’t just spikes. People are trading every day, and the numbers are steady. That means users are active, and these platforms are being used a lot. Even looking at the monthly chart, the trend is going up. A few months ago, daily DEX volume was low. Now it’s climbing. That shows users are coming back and using these platforms more regularly. Monthly DEX flows- Source: Dune Crypto News: DEXs Are Earning Real Fees; and DEX Tokens Are Reacting When users make trades on DEXs, the platform collects a small fee. This is how the DEX earns money. Right now, PancakeSwap is earning a lot; $14.3 million in just one day. That’s more than most other DeFi protocols. DEX fees are exploding- Source: Defillama Uniswap earned about $3.6 million, and others like Raydium and Curve also made good money. DEX tokens are mooning- Source: CoinGecko DEX Token 7D Price Performance And the tokens for these DEXs? They’re going up. CAKE is up more…
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