Monthly trading volume on decentralized exchanges surpassed $11 billion

Trading volume on decentralized exchanges (DEX) in August surpassed $11 billion as interest in the DeFi segment surged.

According to Dune Analytics, DEX trading volume rose 143% from July’s figure of $4.4 billion.

As in the previous month, activity remains concentrated on the Uniswap exchange, which accounts for 66.2% of total DEX turnover.

Data: Dune Analytics.

Over the last seven days, Uniswap’s trading volume totaled $2.8 billion, and in 24 hours $877 million.

Over the past week, turnover in the DEX segment amounted to $4.2 billion.

In DeFi Pulse’s ranking, Uniswap sits in third place.

The total value locked in the DeFi ecosystem has surpassed $9 billion.

Uniswap’s daily trading volume exceeded Coinbase’s figure.

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