Uniswap says it beats larger rivals Binance, Coinbase
Uniswap, the biggest decentralized crypto exchange, says that it can provide more liquidity than its larger, centralized rivals Coinbase and Binance, because of the incentives it gives its liquidity providers to deliver better pricing to traders.
On the popular trading pair Ethereum (ETH) against US dollars (USD), Uniswap had 2 times more liquidity than both Binance and Coinbase, the study said. For Ethereum against Bitcoin (BTC), Uniswap’s liquidity was 3 times deeper than Binance and an impressive 4.5 times deeper than Coinbase.