According to Odaily, Token Terminal has reported that the number of monthly active traders on DEX is nearing its historical peak. Previously, the highest record was approximately 14.4 million in December 2021. The current data shows the number to be around 11.2 million. This indicates a significant level of activity and engagement within the DEX platform, reflecting the growing interest and participation in decentralized exchanges. The near-record numbers also suggest a robust and thriving trading environment on the platform. The data underscores the continued popularity and growth of DEX, despite the fluctuations and uncertainties in the broader cryptocurrency market. The figures also highlight the increasing acceptance and adoption of decentralized exchanges as a viable and popular trading platform.
DEX Monthly Active Traders Near Historical Highs
![](https://public.bnbstatic.com/image/pgc/202211/ff39a105a210ecd0a61407a69ad82dbd.jpg)
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