Ethereum's dominance in DEX liquidity is evident, with a notable rise to $8.58B by December 2nd, 2024. This growth from $7.93B in November highlights Ethereum's stronghold in DeFi, reinforcing its pivotal role in the crypto ecosystem.

New entrants like Bob and Manta are carving niches in the DEX space. Bob's liquidity rose to $130M, while Manta's reached $19M, showcasing the dynamic and competitive nature of the crypto market.