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dYdX Takes The Lead In DeFi With Major Breakout And Rising Trading Volume

  • dYdX has taken the lead in DeFi with a major breakout and rising trading volume.
  • The recent migration of dYdX to the Cosmos interchain protocol has propelled it to the forefront of decentralized exchanges.
  • dYdX's daily trading volume of nearly $757 million has surpassed Uniswap, solidifying its position as a key player in DeFi.
  • A whale recently sold 7,220 AAVE to acquire UNI and DYDX tokens, indicating growing market excitement.

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