On-Chain Volume on DEXs Surpasses its Centralized Counterparts: Chainalysis
Liquidity providers (LPs) earned between $50M and $150M monthly transaction fees for providing liquidity to decentralized exchanges, according to Chainalysis.
Jay Zhuang is a journalist and artist with a background in digital art curation. He started writing about cryptocurrency in 2020 and began contributing to DAOs in 2021. He can be reached on Twitter.
Liquidity providers (LPs) earned between $50M and $150M monthly transaction fees for providing liquidity to decentralized exchanges, according to Chainalysis.
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