The volume of decentralized exchanges (DEXs) reached $4.3B last month, according to data provided by Dune Analytics.
The figure is 174% higher than that reached in June, when the previous record ($1.5B) was also set.
This is the first time the figure exceeds the $4B barrier.
According to the data, this increase was mainly driven by the activity on Uniswap and Curve, which accounted for 41% and 24% of the volume, respectively.
It looks like the increase in volumes is directly related to the recent rise in the price of Ethereum as well as the increasingly active DeFi sector.
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