The Cosmos-based v4 version of dYdX just saw $757 million of volume over a 24-hour period, topping Uniswap v3, which had $608 million, the data shows.
dYdX's high trading volumes, which now surpass that of Uniswap and other Ethereum-based exchanges (including dYdX's own v3 DEX), might serve as a kind of validation of the company's decision to switch ecosystems.
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