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Decentralized Exchange Trading Volume Hits All-Time Low

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Despite the interest of major cryptocurrency exchanges in pursuing the DEX model, decentralized exchanges have hit an all-time low in terms of USD traded value.


Trading Volume at All-Time Low

According to a new research by Diar, decentralized exchanges (DEX) have now hit their all-time low in terms of USD traded value.

The report outlines that since June 2017 – when DEX started to appear, their total trading volume is $8.9 billion.

During the month of January this year, however, decentralized exchanges have seen a combined trading volume of $49 million.

To put things into perspective, that’s about 10 ...

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