Binance’s new decentralized exchange, Binance DEX, scored a total monthly volume of $229 million in July, making it the most–used decentralized exchange.
According to Binance Research, Binance DEX has also had 151 listing proposals since its launch in April.
“Specifically, the number of new pairs being added onto the Binance DEX remains high with the addition of 41 new pairs listed in July.
As of July 31st 2019, there were 151 proposals submitted with a total of 71 pairs listed.”
Binance DEX hit average daily volumes of $7.4 million in July, which Binance Research says is significant compared to other Ethereum-based decentralized exchanges that usually exhibit average volumes below $1-2 million. Read More at DailyHodl...