#DEXVolumeRecord
Refer to a record high in decentralized exchange (DEX) trading volume, which hit $462 billion in December, as reported by CoinTelegraph on December 30, 2024.
- This surge in DEX volume was part of a broader trend in the DeFi space, which saw increased activity following anticipation of regulatory changes post the US presidential election in November 2024.
- Uniswap led the DEX platforms in this record-breaking month with a trading volume of $106 billion, followed by PancakeSwap and Raydium, indicating strong performance and user interest in decentralized trading platforms.