Currently, Binance’s daily volume hits an massive high of $100 billion on Oct. 20. More so, this is according to a tweet by CEO Changpeng Zhao.
“100 billion traded yesterday on #binance
— CZ 🔶 Binance (@cz_binance) October 21, 2021
Furthermore, The leading crypto exchange, Binance, adds this milestone to its record. Notably, this is happening on the day Bitcoin, the largest cryptocurrency, spikes to a new all-time high of $67,276.
Also, this is despite introducing harsh measures for users due to severe regulatory scrutiny. Still, Binance has a comfortable lead over other crypto exchanges both in spot and derivatives trading. Notably, this is according to data by CoinMarketCap.
Recall, earlier this month, the trading platform declares a $1 billion ecosystem fund.
Lastly, the decentralized finance sector is catching up with centralized Giants. Additionally, The total value in DeFi protocols has hit $100 billion for the first time.
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