Ethereum DEX Activity Plummets: Trading Volume Drops 50%, Unique Traders Declined

Ethereum’s decentralized exchange (DEX) activity has experienced a significant downturn, marked by a dramatic decline in both trading volume and unique user engagement. According to recent data from industry sources like INTOTHEBLOCK and X/Satoshi club, daily trading volume on Ethereum DEX platforms dropped close to 50% compared to December 2024’s peak. This decline is attributed to reduced market activity and the emergence of alternative solutions.