Ethereum decentralized exchange monthly volumes hit all-time-high

Decentralized exchanges (DEX) on Ethereum just recorded their highest monthly trading volume, according to data from Ethereum analytics site Dune Analytics. In February 2020, DEXs logged over $372M in trading volume, a 62% increase from the month prior. February's volume overtook the previous all-time-high volume of $358M in July 2019. 

As The Block previously reported, in 2019, over $2.3 billion in trading volume were recorded on Ethereum-based decentralized exchanges.

Related Reading

Get Your Crypto
Daily Brief

Delivered daily, straight to your inbox.

More