{"id":26769,"date":"2020-08-03T11:12:50","date_gmt":"2020-08-03T08:12:50","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=26769"},"modified":"2025-08-26T16:29:56","modified_gmt":"2025-08-26T13:29:56","slug":"in-july-trading-volume-on-decentralized-exchanges-topped-4-3-billion","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/in-july-trading-volume-on-decentralized-exchanges-topped-4-3-billion\/","title":{"rendered":"In July, trading volume on decentralized exchanges topped $4.3 billion"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">In July, the total trading volume on decentralized exchanges (DEX) reached more than $4.3 billion, markedly higher than in previous months. Data from <\/span><a href=\"https:\/\/www.theblockcrypto.com\/linked\/73675\/dex-july-monthly-volume\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">The Block<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><!--more--><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-106317\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot_174-1-300x141.png\" alt=\"In July, trading volume on decentralized exchanges exceeded $4 billion\" width=\"820\" height=\"384\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot_174-1-300x141.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot_174-1-1024x480.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot_174-1-768x360.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot_174-1.png 1035w\" sizes=\"auto, (max-width: 820px) 100vw, 820px\" \/><\/p>\n<p>Compared with June, DEX trading volume rose by 174%.<\/p>\n<p><span style=\"font-weight: 400;\">Largely leading the field is the decentralized exchange Uniswap, accounting for 41% of total trading volume. The second-largest by volume was Curve.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-106316\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot_175-300x136.png\" alt=\"In July, trading volume on decentralized exchanges exceeded $4 billion\" width=\"820\" height=\"372\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot_175-300x136.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot_175-1024x464.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot_175-768x348.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot_175.png 1030w\" sizes=\"auto, (max-width: 820px) 100vw, 820px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">According to<\/span><a href=\"https:\/\/explore.duneanalytics.com\/public\/dashboards\/c87JEtVi2GlyIZHQOR02NsfyJV48eaKEQSiKplJ7\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\"> Dune Analytics<\/span><\/a><span style=\"font-weight: 400;\">, turnover on DEX rose by 10% over the past week. The daily trading volume at the time of writing stood above $<\/span><span style=\"font-weight: 400;\">239 million.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-106315\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot_176-300x48.png\" alt=\"In July, trading volume on decentralized exchanges exceeded $4 billion\" width=\"820\" height=\"131\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot_176-300x48.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot_176-1024x163.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot_176-768x123.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot_176-1536x245.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Screenshot_176.png 1867w\" sizes=\"auto, (max-width: 820px) 100vw, 820px\" \/><\/span><\/p>\n<p><span style=\"font-weight: 400;\">In June, turnover on DEX stood at $1.6 billion, and the non-custodial exchange Uniswap by trading volume <a href=\"https:\/\/u1f987.com\/en\/news\/uniswaps-daily-trading-volume-tops-the-combined-gemini-poloniex-and-binance-us\">surpassed<\/a> Gemini, Poloniex and Binance US combined.<\/span><\/p>\n<p>Sign up for ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In July, the total trading volume on decentralized exchanges (DEX) topped $4.3 billion, well above the levels seen in prior months. Data from The Block show.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[787,1145,1391],"class_list":["post-26769","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-dex","tag-market-analysis","tag-uniswap-uni"],"aioseo_notices":[],"amp_enabled":true,"views":"33","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/26769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=26769"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/26769\/revisions"}],"predecessor-version":[{"id":26770,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/26769\/revisions\/26770"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=26769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=26769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=26769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}