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Coinbase Trade Volume Surpasses Uniswap’s, Countering Expectations for a DEX Surge

Many market observers expected a surge in the use of decentralized exchanges following the collapse of FTX, but analysts said many DEXs offer a less-user-friendly experience than centralized ones.

Updated Feb 28, 2023, 6:15 p.m. Published Feb 27, 2023, 8:16 p.m.
The chart shows cumulative volumes for Coinbase have surpassed Uniswap's this year. (Kaiko)
The chart shows cumulative volumes for Coinbase have surpassed Uniswap's this year. (Kaiko)