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Home NEWS NEWS BITCOIN DEX volume and ETH mining revenue reach ...

DEX volume and ETH mining revenue hit record levels

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DEX volume and ETH mining revenue hit record levels

Decentralized exchanges (DEXs) ended February with the highest monthly volume ever recorded, according to The Block.

Specifically, February's monthly volume reached a new high of approximately $ 2 billion, an increase of $ 72,89 billion compared to January.

Uniswap Continuing to lead with a volume of 36,6 billion USD, Uniswap recorded a monthly volume of over 30 billion USD for the third consecutive month.

Second is SushiSwap with 14,93 billion USD and third is Curves at $ 4,42 billion. Talk about DEX Uniswap still dominates most of the market.

volume dex

Ethereum mining revenue broke the $ 1 billion mark for the first time

According to data from The Block, total Ethereum mining revenue reached $ 1,37 billion in February, which is the highest ever.

Mining revenue Ethereum increased by 65,1% from January to February this year. And during that period, transaction fees have also increased by 1%.

Of the total revenue in February, $ 2 million or 722,8% was from fees and the remaining $ 52,8 million came from subsidy block.

Ethereum's top mining pools are still being divided over whether or not to reduce a miner's transaction revenue via the Ethereum Improvement Proposal (EIP) -1559 proposal.

F2Pool, currently the third largest ETH mining pool, says it will support EIP-1559 because of its potential to reduce fluctuations in transaction revenue. While Sparkpool is the largest ETH mining pool that has voiced opposition to this proposal.

eth mining operations


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