Decentralized exchanges post $17 billion in volume for November, continue monthly decline from September peak

Decentralized exchanges posted a total of $17.06 billion in trade volume for November, continuing a decline from September's volume peak of $26.26 billion, according to data collected by The Block Research.

As seen in past months, the volume was dominated by Uniswap, though that marketplace's month-over-month volume fell from $11.2 billion to $9.91 billion, per the data. Curve's volume slid from $5.2 billion to $2.43 billion month-over-month.

All in all, the November volume figure represents a roughly 35% decline from September.

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November saw various developments across the DEX space, notably including the stoppage of Uniswap's liquidity mining rewards program. The DEX's community stakeholders are now weighing future options on that front.