According to Blockchainreporter, decentralized exchange (DEX) trading volume fell 11.61% to $56.75 billion in the past week, as reported by Phoenix Group. The decline follows a broader drop in DEX activity, with DeFiLlama data showing a monthly total of $397.78 billion in November, the lowest since June. Uniswap led the week with $13.92 billion in volume, followed by PancakeSwap with $11.61 billion and Raydium with $3.60 billion. The DEX-to-CEX volume ratio also dropped to 11.46% in December from 15.73% in November.
DEX Trading Volume Drops 11.61% to $56.75 Billion This Week
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