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Volumes on Decentralized Exchanges Soar to an All-Time High of $478,838,000,000 in December: On-Chain Data

2025-06-23 14:36:03

Description

Monthly trading volume on decentralized exchanges (DEXes) has reached new all-time highs, according to the latest on-chain data. According to blockchain data aggregator DefiLlama, DEX volume for December was $422 billion, the highest ever on record. The month of November was also an all-time high, according to DefiLlama. Source: DefiLlama Uniswap, Ethereum’s ( ETH ) biggest DEX, recorded the most amount of volume while Raydium ( RAY ), the largest DEX on Solana, placed second. Most other chains ...

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