-
Uniswap volume beats Coinbase and registers its best month since 2022
Trading volume on Coinbase came in below that of decentralized exchange Uniswap for the second month in a row. Spot market volume on Uniswap hit $71.6 billion in March — 45% higher than Coinbase's, according to data from The Block Research. March was the decentralized exchange's best month, in terms of volume, since January 2022. Uniswap beat Coinbase despite a month-on-month improvement in Coinbase's volume. (Coinbase stock has held steady at around $67.57 for the last few days.) Coinbase noted in its weekly market commentary that the exchange's volume fell in the last week of March. Spot market volume on Coinbase ... (full story)