Monthly DEX volume increased by 222% in August

Monthly DEX volume increased by 222% in August
According to available statistics, decentralized exchange recorded the biggest trading boom in the previous month.

In response to growing interest in the DeFi sector, DEX achieved a record increase in monthly volume in August. According to the chart published by the CryptoRank platform, we can see that the monthly volume started to increase significantly in July and then it exploded in August.

When we compare the volume in July of $ 4.49B with August of $ 14.5B, this is a 222% increase in one month.

Read also: Tether (USDT) is the most tradable cryptocurrency

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