{"id":166848,"date":"2022-11-14T19:37:21","date_gmt":"2022-11-14T19:37:21","guid":{"rendered":"https:\/\/precoinnews.com\/?p=166848"},"modified":"2022-11-14T19:37:21","modified_gmt":"2022-11-14T19:37:21","slug":"ethereum-daily-trading-volume-on-uniswap-up-80-amid-ftx-contagion","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/ethereum\/ethereum-daily-trading-volume-on-uniswap-up-80-amid-ftx-contagion\/","title":{"rendered":"Ethereum Daily Trading Volume On Uniswap Up 80% Amid FTX Contagion"},"content":{"rendered":"<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/11\/Ethereum-Daily-Trading-Volume-On-Uniswap-Up-80-Amid-FTX-Contagion-770x547.jpg\"><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/11\/Ethereum-Trading-Volume-On-Uniswap-1024x482.png\"><\/p>\n<h2>\u201cNot your keys, not your coins\u201d &#8211; Ethereum traders and Crypto Users <\/h2>\n<p>Ethereum volumes for the ETH\/USDT pair on Binance rose some 9.49% at $1.1 billion, per Coingecko data. Dune Analytics also reported a 178% boom in weekly ETH volumes on DEXs like Uniswap and Curve Finance. ETH traded around $1,200 on Monday, data pulled from TradingView showed.&nbsp;<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/11\/ETHUSDT_2022-11-14_18-57-25.png\"><\/p>\n<p>Ethereum users and crypto traders alike flocked to decentralized trading venues after FTX\u2019s crash left billions in retail deposits and balances in limbo. Unlike centralized exchanges (CEX) where third-party custodians <strong>&#8211;<\/strong> the exchanges themselves like Binance and Coinbase <strong>&#8211;<\/strong> store user assets, decentralized exchanges (DEX) like Uniswap offer a trading venue and access to liquidity.<\/p>\n<p>DEX users maintain greater custody of their digital tokens via web3 wallets like MetaMask and other self-custody solutions.&nbsp;<\/p>\n<p>Binance CEO Changpeng Zhao <strong>&#8211;<\/strong> like other prominent crypto proponents <strong>&#8211;<\/strong> stressed the need for self-custody in the wake of FTX\u2019s collapse. \u201cNot your keys, not your crypto\u201d, the so-called rallying cry for DeFi proponents pushing for greater decentralization and transparency in crypto.\u00a0<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/11\/FhhBA_6UcAETkJ--1024x335.png\"><br \/>\nSource: <a href=\"https:\/\/en.ethereumworldnews.com\/ethereum-trading-volume-uniswap-up-80-ftx\/\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cNot your keys, not your coins\u201d &#8211;<\/p>\n","protected":false},"author":3,"featured_media":166847,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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