DeFi· ★★· bearish·

DEX daily trading volume drops 11% to $7.9 billion

  • —DEX 24-hour volume came in at $7.9 billion
  • —Down 11% from the previous day
  • —Weekly volume fell 26%
Why it matters: The slowdown points to weakening on-chain trading demand and lower fee revenue for DEX protocols.
Source: Coinotag