A new DEX king - Pancake Swap outpaces Uniswap

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The New DEX King

PANCAKESWAP OUTPACES UNISWAP


Pancake Swap has pumped significantly in the past week, nearly doubling in price. As of today it has even managed to outpace Uniswap to become the number one DEX by trading volume. Why is this happening? I address it in this video.

I was reminiscing how different things were back then. These DEX's are now so developed that they are just as user friendly, or even more so, as the CEX's. In fact, many of the DEX features have now been copied by and integrated into CEX platfroms. It's also true in the other direction with many DEX's now having price charts and tools like limit orders. Sometimes you can't even tell by looking at the platform aline which is which. The difference, of course, is that you have to connect a wallet to a DEX while "login" into a CEX.

Peace & Love,

Adé