- Binance facilitates nearly $100 billion of spot trades
- Ethereum DEXes record over $10 billion in volume
- Funding rates are still wayward
- PancakeBunny Finance exploited, TVL and price drop dramatically
- Binance facilitated close to $100 million of spot volume across its various markets.
- Yesterday’s crypto rout and subsequent re-buying were driven by spot market activity.
- DEXes were no stranger to the onslaught of spot trading, with yesterday marking the single highest day of volume for all DEXes.
- Uniswap led the way with nearly $6 billion of volume. Sushiswap was a distant second with around $3.5 billion.