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What is DEX Money Laundering Analysis 2020 about?

Uniswap had the highest trading volume dominance of the top four decentralized exchanges (DEXs) in 2020, reaching 82.13% in November. An analysis of the five most traded cryptocurrencies on Uniswap found that "bad coins" like those from exchanges with low trust scores, scams, hacks, and suspicious sources accounted for 10-11% of incoming and outgoing DAI transactions, 0-3% for ETH, 1-2% for USDT and USDC, and 0-2% for WBTC. While the DEX market grew rapidly in 2020, concerns remain regarding its potential u

Author

Pankaj Kapoor

Language

EN