Bitwise Compares Trading Volume of Coinbase and Uniswap

The chart of the day is presented by crypto.com, the leading crypto platform trusted by over 80 million users worldwide. Let's take a look at the chart of the day. Bit wise asset management. Ryan Rasmussen shared a chart on eggs that takes a closer look at the difference between trading volume for Unis swap and Coinbase. The chart comes from bit wise's crypto market review for Q four in 2023. In his tweet, Rasmussen highlights that Unis swap processed 460 $5 billion in trading volume last year. In comparison, Coinbase handled that exact same amount $465 billion during the same time period. Unis swap is of course a decentralized crypto exchange that runs on the Ethereum Blockchain while Coinbase is a publicly traded company and the largest crypto exchange based in the United States trading volume. Rasmussen went on to say that this wasn't a knock on Coinbase. He was just blown away by Unis swap and quote, what do you think? Let us know in the comment section down below. That's a wrap for the chart of the day. I'm Jen Saci. We will see you next time to unpack more of the data behind top news stories.