Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Sep 14, 2023 9:20

Friend Tech, a decentralized cryptocurrency exchange, set a new record for trading volume and capture fees on 13 September. Trading volume hit $18.51m and capture fees totalled $1.9m, both new highs for the platform. Friend Tech put the achievements down to the number of daily active users, which reached 15,902, and the platform’s own contribution to the gas cost on the Base chain, accounting for 35.1%. The success of Friend Tech has emphasized the growing potential of decentralized exchanges in the cryptocurrency market space.