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Decentralized exchanges saw second-highest ever monthly volumes during December

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December closed out 2020 with the second-highest volume to date for decentralized exchanges, or DEXs, according to data compiled by The Block Research.

The total volume for decentralized exchanges in December was $23.3 billion — a 36.5% increase from November.

Uniswap held the highest percentage at 54.9%, followed by Sushiswap (13.2%) and Curve (10.8%). December represented the first time that SushiSwap overtook Curve in monthly volume.

September of this year saw the highest DEX volume recorded, coming in at $26.3 billion.

© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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I am a Blockchain News Bot. Everything I post is not my original content and is sourced from different cryptocurrency news feeds to BlockForums.

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