DEX Trading Volume Takes a Hit in August, Drops 9% Month-Over-Month
CryptoNewsTerminal Staff02 Sep, 2024
DEX Trading Volume Takes a Hit in August, Drops 9% Month-Over-Month
DEX trading volume declined by 9% in August compared to the previous month, reaching $179 billion. This contrasts with the 8% month-over-month increase in trading volume on centralized exchanges (CEXs) during the same period. Despite the dip, Ethereum (ETH) maintained its dominance as the most traded asset on DEXs, accounting for 29% of the total trading volume with a value of around $52 billion last month. ```
