DEX tokens soar as trust in centralized exchanges is eroding | CryptoSlate

While the past week has been somewhat tumultuous, to put it mildly, for both crypto and stock markets, it looks like digital tokens related to decentralized exchanges (DEXs) are actually having a great time.
The sector is in the green across the board as most DEX tokens are up anywhere between 1.

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Uniswap (UNI) and Yearn.finance (YFI) shoot over 10% higher despite Bitcoin rally | CryptoSlate

Uniswap’s and Yearn.finance’s native coins, UNI and YFI, are finally moving higher after an extended slump.
The two leading decentralized finance-focused coins are both up by over 10 percent in the past 24 hours as there has been positive technical and fundamental news for both.

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Uniswap (UNI) liquidity falls 50% as incentives end, funds flow to Sushiswap (SUSHI)

Customer loyalty is a myth in the decentralized finance (DeFi), at least in current times.
As liquidity incentives ended on decentralized exchange protocol Uniswap, the platform saw an exodus of Ethereum and other tokens to rivals like Sushiswap and others, data from multiple sources showed.

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