Decentralized exchanges (DEX) processed a combined $ 1.15 trillion in spot and perpetual contract volumes in August, which marked the first time monthly Dex activity, surpassed the $ 1 trillion threshold.
According to Defillama factsSpot Dex Volumes reached $ 506.3 billion in August, and only $ 1.5 billion deficient than the highest amount of $ 507.8 billion registered in January.
The figure of Augustus represents an increase of 18.4% compared to the trading activity of July, which shows continuing growth in the location in the chains.
Perpetual contract volumes provided the record -breaking performance and reached $ 648.6 billion in AugustA jump of 31.3% from July and an absolute of all time high for the derived product category.
The perpetuals Surge accounted for 56.4% of the total DEX volume during the month.
Ethereum Restores Spot -Leadership
August was the first time since March that Ethereum caught up with the Solana and BNB chain in the trade volume on the chain.
Ethereum processed $ 140.4 billion in monthly spot volume, while Solana registered nearly $ 120 billion. BNB chain closed the top three with around $ 60 billion in spot -trading activity.
Uniswap maintained its position as the dominant spot Dex protocol and recorded 28.2% of the total volumes processed by more than $ 143 billion in August. Pancakeswap achieved second place with $ 56.6 billion, while Hyperliquid completed the top three with $ 21.7 billion in spot volume.
The perpetual landscape showed an even greater concentration, in which Hyperliquid established absolute dominance by conquering 62.5% of the market by its $ 405.8 billion in monthly volume.
Eternal protocols based on Ethereum processed $ 72.5 billion, so second place was secured, while BNB chain platforms generated $ 55.1 billion.
Among other things, eternal protocols conquered Edgex $ 43.6 billion in trade volume, while orderly processed $ 23.7 billion in August.
The spot volume racing rode the Dex-to-cex trade ratio In August with 0.7% to 17.2%. During 2025, this ratio remained consistently above 10%, which indicates the sustainable acceptance of trade infrastructure on chains.
These figures indicate a growing acceptance of decentralized trading locations, possibly powered by improved user experience on large DEX platforms.
The $ 1.1 trillion monthly volume performance positions Decentralized exchanges such as a permanent fixture in the market structure of the cryptocurrency, where perpetual trade finally receives attention that is similar to that of their centralized counterparts.
