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DeFi craze propels Uniswap monthly volume to $15.3B, surpassing Coinbase

The significant spike in Uniswap’s volume can be attributed to two major factors. First, the explosive growth of decentralized finance (DeFi) and yield farming of governance tokens caused decentralized exchanges to thrive. Second, the launch of Uniswap’s governance token UNI led to a frenzy on the platform.

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Source: Cryptocurrency - investing.com

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