Ethereum’s Stablecoin Surge: Bots Fuel $480B in May Trading, Reclaiming DeFi Dominance

Ethereum has made a major comeback in the world of decentralized finance (DeFi), surging past its previous records thanks to an explosion in stablecoin volume driven by automated trading bots. According to CEX.io’s June 4 report, over $480 billion worth of stablecoins were traded on Ethereum Layer-1 in May 2025, marking a new all-time high. This surge was powered by bots, which facilitated nearly 4.84 million transactions, boosting efficiency and liquidity within the DeFi ecosystem.