{"id":43154,"date":"2021-05-25T16:42:53","date_gmt":"2021-05-25T13:42:53","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=43154"},"modified":"2025-08-31T02:24:11","modified_gmt":"2025-08-30T23:24:11","slug":"monthly-trading-volume-on-ethereums-decentralized-exchanges-tops-115-billion","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/monthly-trading-volume-on-ethereums-decentralized-exchanges-tops-115-billion\/","title":{"rendered":"Monthly trading volume on Ethereum&#8217;s decentralized exchanges tops $115 billion"},"content":{"rendered":"<p>For the partial month of May, trading volume on Ethereum&#8217;s decentralized-exchange (DEX) ecosystem nearly doubled April&#8217;s figure, surpassing the $115 billion mark.<\/p>\n<p>\\n\\n<\/p>\n<div class=\\\"wp-block-image\\\">\n<figure class=\\\"aligncenter size-large\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"900\\\" height=\\\"571\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/1-456.png\\\" alt=\\\"Monthly trading volume on decentralized exchanges tops $115 billion\\\" class=\\\"wp-image-136615\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/1-456.png 900w, https:\/\/u1f987.com\/wp-content\/uploads\/1-456-300x190.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/1-456-768x487.png 768w\\\" sizes=\\\"auto, (max-width: 900px) 100vw, 900px\\\" \/><figcaption>Data: Dune Analytics.<\/figcaption><\/figure>\n<\/div>\n<p>\\n\\n\\n<\/p>\n<p>According to <a href=\\\"https:\/\/duneanalytics.com\/hagaetc\/dex-metrics\\\" target=\\\"_blank\\\" rel=\\\"noreferrer noopener\\\">Dune Analytics<\/a>, over the last 30 days the figure stood at $129 billion, and over the last year \u2014 $570 billion.<\/p>\n<p>\\n\\n<\/p>\n<div class=\\\"wp-block-image\\\">\n<figure class=\\\"aligncenter size-large\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"1024\\\" height=\\\"247\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/2-413-1024x247.png\\\" alt=\\\"Monthly trading volume on decentralized exchanges tops $115 billion\\\" class=\\\"wp-image-136616\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/2-413-1024x247.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/2-413-300x72.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/2-413-768x185.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/2-413.png 1238w\\\" sizes=\\\"auto, (max-width: 1024px) 100vw, 1024px\\\" \/><figcaption>Data: Dune Analytics.<\/figcaption><\/figure>\n<\/div>\n<p>\\n\\n\\n<\/p>\n<p>The majority of activity is centered on Uniswap, which accounted for more than half of trading turnover over the last seven days. SushiSwap&#8217;s share was 20.4%, 0x \u2014 8.9%, Curve \u2014 7.3%.<\/p>\n<p>\\n\\n<\/p>\n<figure class=\\\"wp-block-image size-large\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"593\\\" height=\\\"585\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/3-247.png\\\" alt=\\\"Monthly trading volume on decentralized exchanges tops $115 billion\\\" class=\\\"wp-image-136617\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/3-247.png 593w, https:\/\/u1f987.com\/wp-content\/uploads\/3-247-300x296.png 300w\\\" sizes=\\\"auto, (max-width: 593px) 100vw, 593px\\\" \/><figcaption>Data: Dune Analytics.<\/figcaption><\/figure>\n<p>\\n\\n\\n<\/p>\n<p>Curve leads Uniswap in TVL, according to <a href=\\\"https:\/\/defipulse.com\/\\\" target=\\\"_blank\\\" rel=\\\"noreferrer noopener\\\" title=\\\"https:\/\/defipulse.com\/\\\">DeFi Pulse<\/a>. Both DEXs occupy the fifth and sixth places in the overall ranking, behind the Polygon-based ecosystem (formerly Matic Network) and the most popular lending platforms.<\/p>\n<p>\\n\\n\\n<\/p>\n<figure class=\\\"wp-block-image size-large\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"871\\\" height=\\\"345\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/4-149.png\\\" alt=\\\"Monthly trading volume on decentralized exchanges tops $115 billion\\\" class=\\\"wp-image-136618\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/4-149.png 871w, https:\/\/u1f987.com\/wp-content\/uploads\/4-149-300x119.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/4-149-768x304.png 768w\\\" sizes=\\\"auto, (max-width: 871px) 100vw, 871px\\\" \/><figcaption>Data: DeFi Pulse.<\/figcaption><\/figure>\n<p>\\n\\n\\n<\/p>\n<p>In May, the launch of the third version of the protocol <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-uniswap-uni\">Uniswap<\/a> took place.<\/p>\n<p>\\n\\n\\n<\/p>\n<p> Subscribe to ForkLog&#8217;s channel on <a href=\\\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\"> YouTube<\/a>! <\/p>\n<p>\\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For the partial month of May, trading volume on Ethereum&#8217;s decentralized-exchange (DEX) ecosystem nearly doubled April&#8217;s figure, surpassing $115 billion.<\/p>\n","protected":false},"author":1,"featured_media":43155,"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":[1937,787],"class_list":["post-43154","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-defi-pulse","tag-dex"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/43154","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=43154"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/43154\/revisions"}],"predecessor-version":[{"id":43156,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/43154\/revisions\/43156"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/43155"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=43154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=43154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=43154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}