Decentralized exchanges have continued to extend their market share, spurred on by excessive fuel costs, a fast launch of decentralized token gross sales, and layer two networks incentivizing builders to make their protocols accessible to customers on completely different networks.
The newest findings by Covalent in Cointelegraph Consulting’s biweekly publication point out that the highest DEXs on Binance Good Chain, Avalanche C-Chain, and Polygon (previously Matic) started to rise in quantity as Ethereum fuel costs pushed increased.
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