According to The Block’s Data Dashboard, the monthly trade volume of DEXs relative to CEXs is already at its highest ever, at 14.22%. The previous record high occurred in May 2023 at 13.7%.
DEX volume currently stands at $139.67 billion, though July’s data remains incomplete as of publication. Uniswap brought in the most monthly trading volume at $48.52 billion, with Raydium entering second with $27.78 billion in July.
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