Decentralized exchanges (DEX) treated a combined contractual volume of $ 1.15 billion in August, marking the first time that the monthly Dex activity exceeded the threshold of $ 1 Billion.
According to Defilma data, the Spot Dex volumes reached $ 506.3 billion in August, down only $ 1.5 billion from the $ 507.8 billion summit recorded in January.
The August figure represents an increase of 18.4% compared to the commercial activity of July, demonstrating sustained growth in cash trading in chain.
Perpetual contract volumes led record performance, reaching $ 648.6 billion in August, a leap of 31.3% compared to July and an absolute summit for the derivative product category.
The overvoltage of perpetuates represented 56.4% of the total volume of Dex during the month.
Ethereum recovers the leadership spot
August has marked the first time since March that Ethereum exceeded Solana and the BNB chain in on -site trading volume.
Ethereum treated $ 140.4 billion in punctual volume, while Solana recorded nearly $ 120 billion. The BNB channel completed the first three with around 60 billion dollars in trading activity.
UNISWAP maintained its DEX SPOT DEX protocol position, capturing 28.2% of the total volumes with more than $ 143 billion treated in August. Pancakeswap obtained second place with $ 56.6 billion, while Hyperliquid finished the first three with $ 21.7 billion in punctual volume.
The perpetual landscape has shown even greater concentration, the hyperliquid establishing absolute domination by capturing 62.5% of the market thanks to its $ 405.8 billion in monthly volume.
Perpetual protocols based on Ethereum have treated $ 72.5 billion, guaranteeing second place, while BNB channel platforms have generated $ 55.1 billion.
Among the other perpetual protocols, Edgex captured $ 43.6 billion in the volume of negotiations, while $ 23.7 billion treated 23.7 billion dollars in August.
The increase in volume in cash increased the DEX / CEX negotiation ratio up 0.7% to 17.2% in August. Throughout 2025, this ratio has always remained above 10%, indicating sustained adoption of the chain negotiation infrastructure.
These figures indicate an increasing acceptance of the decentralized negotiation places, potentially drawn by an improvement in the user experience on the main DEX platforms.
The creation of a monthly volume of 1.1 billion of dollars positions decentralized exchanges as a permanent luminaire in the structure of the cryptocurrency market, the perpetuates ultimately reflecting close attention to those of their centralized counterparts.
