The Decentralized Trade (DEX) dealt with a mix of $1.15 trillion spots and everlasting contract volumes throughout August, with month-to-month DEX exercise above the $1 trillion threshold.
In line with knowledge from Defillama, the Spot Dex quantity reached $506.3 billion in August, reaching simply $1.5 billion, a report excessive of $507.8 billion recorded in January.
The August figures symbolize an 18.4% improve from buying and selling exercise in July, indicating the sustained development of spot buying and selling on the chain.
The quantity of everlasting contracts has pushed record-breaking efficiency, reaching $648.6 billion in August, a bounce of 31.3% from July, an very best bounce within the derivatives product class.
Everlasting surges accounted for 56.4% of the whole DEX quantity throughout that month.
Ethereum regains spot management
August marked the primary time since March that Ethereum has overtaken Solana and the BNB chain in buying and selling quantity on the chain.
Ethereum handles a spot quantity of $1000.4 billion every month, whereas Solana has registered almost $120 billion. The BNB chain concluded its prime three with a spot buying and selling exercise of round $60 billion.
Uniswap has maintained its place because the dominant Spot Dex protocol, with over $143 billion processed in August, incomes 28.2% of the whole. Pancakeswap took second place with $56.6 billion, whereas Hyperliquid accomplished the highest three with a spot quantity of $21.7 billion.
The everlasting panorama confirmed even higher focus, with excessive lipids establishing absolute dominance by capturing 62.5% of the market by a month-to-month quantity of $400 billion.
The Ethereum-based everlasting protocol dealt with $72.5 billion and took second place, whereas the BNB chain platform generated $55.1 billion.
Amongst different everlasting protocols, Edgex has acquired a buying and selling quantity of $43.6 billion, however has ordered $23.7 billion throughout August.
The rise in spot quantity led to a 0.7% improve in DEX-To-CEX buying and selling charge in August, up 17.2%. All through 2025, this ratio has persistently exceeded 10%, indicating the sustained adoption of buying and selling infrastructure on the chain.
These figures present that there’s rising acceptance of decentralized buying and selling venues that might probably be pushed by improved consumer expertise throughout main DEX platforms.
The month-to-month quantity achievement of $1.1 trillion positions decentralized exchanges as a everlasting fixture within the cryptocurrency market construction, with persistent buying and selling nonetheless attracting the identical consideration as its centralized counterparts.
