Share this article
July's Decentralized Exchange Volumes Have Already Topped June's Record, Reaching $1.6B
DEX trading volume already beat June's record, passing $1.6 billion as of Tuesday.
By Zack Voell
Updated Mar 6, 2023, 3:16β―p.m. Published Jul 21, 2020, 5:38β―p.m.
Decentralized exchange volumes have already broken the all-time high set in June, according to data from Dune Analytics.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- Total traded volume for July passed $1.6 billion, as of Tuesday.
- Four platforms β Uniswap, Curve, Balancer, and Bancor Network β have already surpassed their June volumes.
- Balancer, one of the newest decentralized trading platforms, is close to doubling its June volume at $160 million, up 72% from $93 million at the end of last month.
- βFor investors racing to get exposure to the newest decentralized finance (DeFi) projects, decentralized exchanges are the earliest and often only place to make those initial investments,β said Joseph Todaro, managing partner at Blocktown Capital.
Update (July 21, 17:50 UTC): This article has been updated with a comment from Blocktown Capital.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
DOT Sinks 2% After Breaking Key Support
The Polkadot token erased earlier gains amid elevated volume, falling from a high of $2.09 to $1.97.
What to know:
- DOT collapsed through ascending trendline support around the $2.05 level on a massive 284% volume surge.
- The token broke decisively below the support level to trade 2% lower over the last 24 hours.
Top Stories
