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Synthetix (SNX) trading volume overtakes GMX, but is the DEX token rally sustainable?

May 25, 2023 by DIGIT
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Volumes at Synthetix surpassed it’s nearest DEX competitor, but contracting user activity across decentralized exchanges could be a red flag.

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Categories decentralized exchange, derivatives
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  • bitcoinBitcoin(BTC)$68,890.00-2.19%
  • ethereumEthereum(ETH)$2,008.20-2.94%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.42-0.23%
  • binancecoinBNB(BNB)$630.37-0.39%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$84.47-1.16%
  • tronTRON(TRX)$0.277088-0.37%
  • dogecoinDogecoin(DOGE)$0.093497-1.85%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.031.33%