Express
DEX tokens soar over the last seven days
Summary: The past week has been somewhat tumultuous for the stock market, but it looks like digital tokens related to decentralized exchanges (DEXs) are actually having a great time. According to CryptoSlate’s data, the sector is in the green across the board as most DEX tokens are up anywhere between 1.3% and 317% over the last ...
The past week has been somewhat tumultuous for the stock market, but it looks like digital tokens related to decentralized exchanges (DEXs) are actually having a great time. According to CryptoSlate’s data, the sector is in the green across the board as most DEX tokens are up anywhere between 1.3% and 317% over the last seven days. Over the past 7 days, CEX coins are up 7.56% on average and DEX coins are up 43.88% on average.
While the DEX token sector’s dominance index remains relatively low at 1.35% by its market capitalization, many DEX-related assets saw steady growth over the past week. For example, UNI is up 90.89% over the last seven days. SNX, SUSHI, and LRC saw their prices increase by 18.39%, 46.49%, and 20.23% over the week, respectively.
By Sara Zhang
