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Decentralized Exchanges Saw $56 Billion in Volume During the Month of July

Amy Liu

Summary: Decentralized exchanges saw $56.47 billion in monthly volumes for July, representing another monthly decline. According to The Block's Data Dashboard, 65% of the monthly volume figure was derived from Uniswap v2 and v3. SushiSwap and Curve posted $6.07 billion and $5.13 billion in monthly volumes, respectively. The monthly figure signifies another month-over-month decline, compared to ...

Decentralized exchanges saw $56.47 billion in monthly volumes for July, representing another monthly decline. According to The Block's Data Dashboard, 65% of the monthly volume figure was derived from Uniswap v2 and v3. SushiSwap and Curve posted $6.07 billion and $5.13 billion in monthly volumes, respectively. The monthly figure signifies another month-over-month decline, compared to June's $80.85 billion. The DEX ecosystem peaked volume-wise in May, posting $162.02 billion in volume, as noted in the chart above. 

By Amy Liu

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