Uniswap [UNI], Curve Finance [CRV] dominate the DEXs, credit goes to FTX

of its NFT aggregator on service on 30 November contributed to the growth in its user activity.

According to Messari, after the launch of its NFT aggregator platform, Uniswap had over 7,000 new unique addresses using its automated market maker, the highest daily number since March.“The launch brought in more new users than high volatility events such as Luna, 3AC, and FTX, signaling the successful penetration of a different user base.”As the cryptocurrency market saw a significant surge in liquidity exit following FTX’s collapse, the value of several crypto assets declined.

However, as the market regained its calm and Uniswap saw increased user activity, UNI’s price rebounded by 25%, data fromMessari found further that Curve Finance also saw “organic growth” in the last month. It reported, “Curve’s unique users reached a new monthly all-time high in November. It was an 11% increase from the previous all-time high set in May 2022. A driver behind the milestone was its 10,026 first-time users.”CRV, after falling to a low of $0.4 on 22 November, found some relief and rallied by 66% since.Subscribe to get it daily in your inbox.

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