**dYdX Surpasses Uniswap as Top DEX by Volume as Pullix Sees Increased Demand**
The dYdX (DYDX) token, the native token of Cosmos-based decentralized exchange (DEX) platform dYdX Chain, has experienced a significant surge in the past week, leading it to flip Uniswap (UNI) to become the largest DEX by daily trading volume. At the same time, investor interest in Pullix (PLX) has continued to grow, with its presale now exceeding $3.8 million.
### A Closer Look at dYdX’s Milestone and Pullix’s Potential
dYdX has emerged as the leading decentralized exchange by trading volume after surpassing Uniswap, with dYdX achieving a 24-hour volume of $625 million compared to Uniswap’s $512 million. According to CoinMarketCap data, dYdX’s 24-hour volume currently captures nearly 12% of the market share, while Uniswap holds 9.7%. Since its full trading launch in November 2023, dYdX Chain has witnessed remarkable growth, reaching over $8 billion in volume by December and hitting the $1 billion mark in 24-hour trading volume on January 12.
Pullix, on the other hand, has garnered increased attention as its presale progresses towards the final stages, raising over $3.8 million. It offers a hybrid exchange model that combines and delivers the best features of centralized and decentralized exchanges, a design that experts believe could represent the future of DeFi.
### dYdX’s Price Surge and Pullix’s Investment Potential
The surge in dYdX’s market share has coincided with a significant price increase for the DYDX token, reaching highs of $3.15. Analysts note that the token’s price has risen by nearly 15% in the past month and is up by 32% since touching its all-time low of $2.30 on January 3, 2024.
As for Pullix, its native token, PLX, is positioned to power its “Trade-to-Earn” ecosystem, allowing holders to passively earn from the exchange’s daily revenue. At the current presale price of $0.08 in stage 6, up from $0.04 in the initial stage, and with Pullix targeting the revitalized DeFi ecosystem, the post-launch prospects for PLX appear promising.
### Can Pullix (PLX) Be a Good Investment Opportunity?
While dYdX has emerged as a top DEX token, Pullix stands out as a hybrid exchange project that integrates the strengths of both centralized and decentralized exchanges. The growing interest in hybrid exchanges and Pullix’s unique value propositions make the presale an appealing opportunity. Additionally, Pullix’s commitment to burning 50% of generated fees in PLX and offering 50% for staking rewards increases its investment prospects.
For those looking to learn more about Pullix and its native token’s utility, they can join the presale [here](https://pullix.io/?utm_source=Coinjournal&utm_medium=PR&utm_campaign=1927).
—
**FAQ**
1. **What is dYdX?**
dYdX is the native token of the Cosmos-based decentralized exchange platform, dYdX Chain, which has recently emerged as the largest DEX by daily trading volume.
2. **What is Pullix’s unique offering?**
Pullix is a hybrid exchange project that combines the best features of centralized and decentralized exchanges, delivering a non-custodial trading platform and offering incentives for liquidity provision, portfolio diversification, perpetual futures, CFDs, and crypto trading.
3. **Why has dYdX’s token price surged?**
As dYdX’s market share has increased significantly, its token, DYDX, has experienced a substantial price surge, reaching highs of $3.15. This price surge has coincided with dYdX’s milestone in becoming the top DEX by trading volume.
4. **What makes Pullix an attractive investment opportunity?**
Pullix’s presale offers the potential for investors to participate in a hybrid exchange project that integrates elements of centralized and decentralized exchanges, with its native token, PLX, set to power a “Trade-to-Earn” ecosystem and provide opportunities for passive income through staking rewards and fee burning.