The number of Ethereum DEX traders dropped from 95,000 in March to 63,000 last week
Mars Finance News, according to The Block Pro data, despite the memecoin rebound, the number of Ethereum DEX traders fell from 95,000 in March to 63,000 last week, the lowest level since February. Despite Ethereum’s strong performance, DEX activity is still declining, with GMCI MEME index gains falling to 200% from 300% year-to-date. Meanwhile, trading volumes on CEX surged in mid-April amid geopolitical tensions and high U.S. inflation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CoinMarketCap launches MACD dashboard, supporting comparison of momentum indicators for multiple cryptocurrencies
Data: Suspected BitMine address increases holdings by 20,532 ETH
Data: 400 millions USDT transferred out from a certain exchange detected