Express

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

Last Update:

Tags: ,
Link: Decentralized Exchanges Saw $56 Billion in Volume During the Month of July   [Copy]
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 3 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 9 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 12 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 13 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 16 days ago
  • You need to login to comment.