{"id":34920,"date":"2021-01-18T16:20:54","date_gmt":"2021-01-18T14:20:54","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=34920"},"modified":"2025-08-28T22:50:31","modified_gmt":"2025-08-28T19:50:31","slug":"dex-trading-volume-tops-30-billion-since-the-start-of-january","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/dex-trading-volume-tops-30-billion-since-the-start-of-january\/","title":{"rendered":"DEX trading volume tops $30 billion since the start of January"},"content":{"rendered":"<p>In January, trading volume on decentralized exchanges (DEX) reached $33.5 billion, passing the record set in September 2020 ($26.6 billion). The data come from <a href=\"https:\/\/explore.duneanalytics.com\/public\/dashboards\/c87JEtVi2GlyIZHQOR02NsfyJV48eaKEQSiKplJ7\" target=\"_blank\" rel=\"noopener noreferrer\">Dune Analytics<\/a>.<\/p>\n<p>The largest platform remains Uniswap, accounting for more than 48.16% ($5.26 billion) of total trading volume.<\/p>\n<div id=\"attachment_122341\" style=\"width: 856px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-122341\" class=\"size-full wp-image-122341\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-393.png\" alt=\"DEX trading volume has surpassed $30 billion since the start of January\" width=\"846\" height=\"400\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-393.png 846w, https:\/\/u1f987.com\/wp-content\/uploads\/1-393-300x142.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/1-393-768x363.png 768w\" sizes=\"auto, (max-width: 846px) 100vw, 846px\" \/><\/p>\n<p id=\"caption-attachment-122341\" class=\"wp-caption-text\">Data: <a href=\"https:\/\/explore.duneanalytics.com\/public\/dashboards\/c87JEtVi2GlyIZHQOR02NsfyJV48eaKEQSiKplJ7\" target=\"_blank\" rel=\"noopener noreferrer\">Dune Analytics<\/a>.<\/p>\n<\/div>\n<p>The second-highest by turnover DEX is SushiSwap with a 21.85% share ($2.39 billion). In third place is Curve with 11.46% ($1.25 billion).<\/p>\n<p>Over the last 12 months, total trading volume on decentralized exchanges stood at $152.46 billion. Turnover over the last 30 days exceeded $40 billion.<\/p>\n<p>Leading DeFi indices from DeFi Pulse, Binance and FTX also hit new highs. The total value locked (TVL) in the sector reached $24.5 billion.<\/p>\n<div id=\"attachment_122340\" style=\"width: 1034px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-122340\" class=\"size-full wp-image-122340\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/2-360.png\" alt=\"DEX trading volume has surpassed $30 billion since the start of January\" width=\"1024\" height=\"515\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/2-360.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/2-360-300x151.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/2-360-768x386.png 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p id=\"caption-attachment-122340\" class=\"wp-caption-text\">Data: <a href=\"https:\/\/www.defipulse.com\" target=\"_blank\" rel=\"noopener noreferrer\">DeFi Pulse<\/a>.<\/p>\n<\/div>\n<p>The top by TVL is the Maker project, with assets worth $4.17 billion locked in its contracts. In second place is Uniswap ($3.96 billion), and in third \u2014 Aave ($3.38 billion).<\/p>\n<p>In 2020, the volume of assets locked in the DeFi sector <a href=\"https:\/\/u1f987.com\/en\/news\/2020-in-numbers-bitcoin-records-the-defi-boom-and-institutional-adoption\">twentyfold<\/a>, surpassing $15 billion.<\/p>\n<p>Subscribe to ForkLog\u2019s news on Facebook!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In January, trading volume on decentralized exchanges (DEX) reached $33.5 billion, surpassing the record set in September 2020 ($26.6 billion). The data come from Dune Analytics.<\/p>\n","protected":false},"author":1,"featured_media":34921,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1093,787,1145],"class_list":["post-34920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-defi","tag-dex","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/34920","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=34920"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/34920\/revisions"}],"predecessor-version":[{"id":34922,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/34920\/revisions\/34922"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/34921"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=34920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=34920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=34920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}