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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: James Smith@686 on July 09, 2021, 03:29:39 AM



Title: Uniswap V3 is eating the decentralized exchange market
Post by: James Smith@686 on July 09, 2021, 03:29:39 AM
Just two months after launch it captures 41% of the market with no signs of slowing down.
https://twitter.com/RyanWatkins_/status/1412911429460455424/photo/1


Title: Re: Uniswap V3 is eating the decentralized exchange market
Post by: KARSASA on July 09, 2021, 06:03:44 AM
This actually doesn't matter. I am also one of uni's users.
Although uni occupies a large market share, it basically has no effect on the degree of centralization of the entire transaction information.
In other words, if uni goes bankrupt, there will be sushi and mdex as replacements


Title: Re: Uniswap V3 is eating the decentralized exchange market
Post by: devil2man on July 09, 2021, 08:46:54 AM
In fact, at the present time uniswap v3 has no rivals as defi / exchange on the eth blockchain the only two that could possibly stand up to it are aggregators that are zapper and 1inch it became like PancakeSwap for bsc, congratulations to the developers


Title: Re: Uniswap V3 is eating the decentralized exchange market
Post by: Tytanowy Janusz on July 09, 2021, 09:41:30 AM
In fact, at the present time uniswap v3 has no rivals as defi / exchange on the eth blockchain the only two that could possibly stand up to it are aggregators that are zapper and 1inch it became like PancakeSwap for bsc, congratulations to the developers

Zapper? No one is using it ....
1inch? Its not swap ... its aggregator of swaps.

In fact, at the present time uniswap v3 has no rivals as defi / exchange on the eth blockchain the only two that could possibly stand up to it are aggregators that are zapper and 1inch it became like PancakeSwap for bsc, congratulations to the developers

Uniswap was the biggest dex even before v3 being launched. And is now that big compared to other dexes (out of ETH - like pancake on BSC) anly because market crashed, volumes crashed and ETH gas fees went down from 500 to 24. As soon as we will see more trading volume, gas fees will go back to 500 and people will continue to migrate to bsc and other less decentralized, faster, cheaper solutions.