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Decrease in the volume of decentralized exchange transactions for the second consecutive month


The volume of decentralized exchange transactions in July (July) decreased by 30% compared to the figure in June (June) to $ 56.47 billion. Recent data show that the ratio of decentralized exchanges to centralized exchanges also decreased slightly this month.

to the Report The Block, the volume of decentralized exchange transactions in July, fell for the second month in a row to $ 56.47 billion.

According to new data, 63% of transactions in decentralized exchanges this month were related to the second and third versions of Uniswap, which each recorded a volume of 10.6 and 26.57 billion dollars, respectively. Monthly transactions by Sushi Swap and Curve exchanges were $ 6.07 billion and $ 5.13 billion, respectively.

Decrease in the volume of decentralized exchange transactions for the second consecutive month
Chart of trading volume of decentralized exchanges in different months

This month, the performance of decentralized exchanges shows that the trading volume in July (July) has decreased for the second consecutive month compared to $ 80.85 billion in June (June). The volume of decentralized exchange transactions reached a record high of $ 162.02 billion in May, when the third version of the newly launched Uniswap was launched.

Market data also show that the volume of decentralized exchange transactions in this month was equal to 8.98% of the immediate volume of centralized exchange transactions. It is worth noting that this rate has decreased slightly compared to the June figure.

Decrease in the volume of decentralized exchange transactions for the second consecutive month
Comparison chart of trading volume of decentralized exchanges and instant trading volume of centralized exchanges

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