Decentralized exchanges hit record $1.1 trillion trading volume in August

Tuesday, Sep 2, 2025 4:05 pm ET1min read

Decentralized exchanges (DEXs) have reached a record $1.1 trillion trading volume in August 2025, driven by a surge in perpetual contracts. Ethereum and Bitcoin showed notable activity increases, while the DEX-to-CEX ratio rose to 17.2%, indicating improved user experience and fee structures. This trend suggests a shift towards decentralized platforms, with potential outcomes including ongoing technological improvements and increased institutional interest.

Decentralized exchanges hit record $1.1 trillion trading volume in August