After the collapse of FTX, the crypto market saw a boost in interest toward decentralized finance , as trading in this sector is more transparent than centralized finance .
The DEX saw a significant increase in activity on Nov. 8, with trading volumes tripling from the previous day, from $1.3 billion to $4.2 billion. However, Uniswap has even more to be proud ofhighest liquidities on the market for Ethereum Uniswap's services are becoming increasingly popular among experienced investors who value the self-custody of assets. This is because it utilizes an automated market maker model, which allows DEX users to trade without needing an order book, providing them with greater control and autonomy over their assets.