July’s Decentralized Exchange Volumes Have Already Topped June’s Record, Reaching $1.6B
Aggregate volumes for decentralized trading platforms through July 21, 2020
July’s Decentralized Exchange Volumes Have Already Topped June’s Record, Reaching $1.6B
Decentralized exchange volumes have already broken the all-time high set in June, according to data from Dune Analytics.
- Total traded volume for July passed $1.6 billion, as of Tuesday.
- Four platforms – Uniswap, Curve, Balancer, and Bancor Network – 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.
Disclosure
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
