Decentralized exchange (DEX) Switcheo announced on July 15 that it had integrated Uniswap V2’s liquidity reserves. This brings additional liquidity to the platform, which had previously integrated liquidity from KyberSwap and Uniswap V1. 

Uniswap V2 has the most number of users among all DeFi platforms, according to a report by ConsenSys. It was followed by Kyber Network (KNC), and the two protocols also share a large number of users. Uniswap V2 was launched in May 2020, and with it brought ERC20-ERC20 pairs, price oracle and flash loans. Month over month, it has maintained the largest user base. 

In May 2020, Switcheo announced Demex, “a platform for fully decentralized markets.” It is essentially the dex that runs on the company’s TradeHub trading protocol. The goal has been described as being “resilient enough to allow any individual or entity to hedge or undertake any sort of financial risk without undue restrictions.”