As per recent data revealed from EthGasStation, Uniswap exchange, users have spent the foremost Ethereum [ETH] on gas payments over the past 30 days. Uniswap participants shelled out a combined 17,700 total ETH as fuel to transfer their trades via – equalling $6.99 Mln spent on gas over the past month.
Tether [USDT] came at 2nd position. People spent a combined total of $6.39 Mln in ETH as gas to transact the favored stablecoin. Chainlink [LINK] was ranked at 8th.
Uniswap has taken the cryptocurrency ecosystem by storm in recent weeks, with crypto space participants riding the newest speculative hype train. Scams recently gained prevalence within the niche, however, in the sort of counterfeit assets, making participation riskier.
Uniswap has helped spur the Decentralized finance, or DeFi, boom of 2020 so far, giving speculators an area to select the assets related to the sector. Some DeFi assets have spiked aggressively as a part of a speculative season almost like those seen in 2017. Ethereum gas prices have also risen in tandem with the action.