Exchange volume for August hit $630.3 billion, according to The Block’s legitimate volume index.
Binance continued to be the dominant centralized exchange in terms of market share followed by Coinbase and FTX .
Decentralized exchanges posted $53.9 billion in August volume, with Uniswap continuing to hold its market-dominant position.The ratio of volume on decentralized exchanges and centralized exchanges lost some ground in August, falling to 8.6%, Hoffmann’s report said. © 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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