Weekly trading activity on decentralized exchanges (DEXs) cooled over the past seven days, with aggregate volume slipping to $36.42 billion—down 7.91% week-on-week—signaling a modest pullback in on-chain risk-taking after recent bursts of speculative activity.
Data compiled by DeFiLlama shows DEXs processed roughly $5.32 billion in the past 24 hours, while their share versus centralized exchanges (CEXs) stood at approximately 20.8%. The dip suggests traders leaned slightly back toward more traditional venues or simply reduced turnover amid a calmer market tape.
Uniswap remained the dominant… Read more
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