February DEX volumes hit new high of nearly $73 billion
March 1, 2021, 5:00PM EST
1 min read
Decentralized exchanges (DEXs) ended the month of February with the highest monthly volume on record, according to data gathered by The Block.
February's monthly volume hit a new high of approximately $72.89 billion, increasing by $12 billion from January.
Uniswap continued to lead in the DEX space, making up most of the monthly volume with $36.6 billion. This is the exchange's third consecutive month posting a monthly volume of above $30 billion. SushiSwap and Curve came in second, hitting $14.93 billion and $4.42 billion respectively.