Non-Custodial Dex Platforms Continue to Expand — Curve, Pancakeswap, Sushiswap, Uniswap Lead the Pack
Five years ago, there was a large quantity of digital currencies and blockchains, but there were very few trading platforms that dealt with decentralized exchange. Since the boom of decentralized finance (defi), there’s now a myriad of decentralized exchange (dex) platforms that allow people to swap funds in a private, non-custodial manner. These days the biggest dex applications are catering to a variety of blockchain networks via cross-chain technology. Curve’s TVL Nears $20 Billion, Curve DAO Token Jumps 82%, Pancakeswap and Sushiswap Follow With TVLs Over $10 Billion Defi has exploded in popularity during the last 12 months and there are numerous applications and platforms tending to the needs of traders and liquidity providers. Currently, there’s $245.1 billion in total value locked in defi platforms today across blockchains like Ethereum, Solana, Avalanche, Polygon, Binance Smart Chain, and more. Data from defillama.com indicates that the lending system Aave has the largest d