Decentralized Exchange Volumes Rose 174% in July, Topping $4.3B and Setting Seco

July trading volume on decentralized exchanges set its second consecutive record high, rising 174% from June, according to data from Dune Analytics.

Aggregate trading volume on decentralized exchanges reached $4,32 billion in July, up from $1.52 billion in June.
41% of July’s volume came from Uniswap, on which traders speculate on assets ranging from “a better Bitcoin” to a coin named after fried chicken.