Cryptocurrency Q&A
What is the decentralized exchange (DEX) market cap today?
What is the decentralized exchange (DEX) market cap today?
Raffaele
Thu Dec 12 2024
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5 answers
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The decentralized exchange (DEX) market cap today represents the total value of all tokens and coins being traded on DEX platforms. This market cap varies depending on the prices and volumes of the assets being exchanged, which are determined by market participants' trading activities. To get the exact market cap, one would need to aggregate the data from various DEXs, considering factors like liquidity, trading pairs, and price fluctuations.
5 answers
HanRiverVisionaryWaveWatcher
Sat Dec 14 2024
The market cap of the Decentralized Exchange (DEX) stands at $23.4 Billion as of today.
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SakuraBlooming
Sat Dec 14 2024
This represents a 0.9% change in the last 24 hours.
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SolitudeNebula
Sat Dec 14 2024
DEXs offer a unique trading platform where users can engage in transactions with each other.
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GeishaWhisper
Fri Dec 13 2024
These exchanges operate in a permissionless manner, allowing anyone to participate.
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KatanaSword
Fri Dec 13 2024
Unlike traditional exchanges, DEXs do not require any intermediaries to facilitate trades.
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