Decentralized exchange dYdX, which recently migrated from Ethereum to Cosmos, has topped one of Uniswap's markets to become the largest DEX by daily trading volume, according to data from ...

The Bybit incubated DEX is entering a competitive market for decentralized exchanges with Uniswap as the market leader with a 24% share and $4.9 billion in total value locked, according to DefiLlama.