Trading volume on DEXs rose to $133.1 billion in March, the third straight monthly increase, according to DeFiLlama. LedesmaLyllah reports
to the dollar following the collapse of Silicon Valley Bank in mid-March. USDC has since resumed its close link to $1., CEXs witnessed a serious lack of liquidity for stablecoin pairs during the depeg, prompting an “unprecedented number” of USDC holders to rely on DEXs for liquidity.
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