ed to $3.39 billion, above its usual daily level of $2.5 billion. Despite the overall market decline in early 2026, trading activity on decentralized exchanges (DEXs) has set a new record this month. Dune data from mid-January show that DEX activity on multiple networks has already surpassed levels seen in January 2022, which was a big boom time for DeFi. Trading on decentralized exchanges topped
DEX Volume Surges to Record Highs in January Despite Crypto Sell-Off
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DEX activity on multiple networks has already surpassed high levels seen in January 2022. Trading topped $278 billion, making this the busiest January in at least five years. Daily volume on Base jumped to $3.39 billion, above its usual daily level of $2.5 billion. Despite the overall market decline in early 2026, trading activity on decentralized exchanges (DEXs) has set a new record this month. Dune data from mid-January show that DEX activity on multiple networks has already surpassed levels seen in January 2022, which was a big boom time for DeFi. Trading on decentralized exchanges topped $278 billion in January, making it the busiest January in at least five years on major blockchains like Ethereum, Solana, BNB Chain, and Base. Even as overall trading on notable centralized exchanges fell off at the end of 2025, trading directly on blockchains went against … Read The Full Article DEX Volume Surges to Record Highs in January Despite Crypto Sell-Off On Coin Edition .