DEX Trading Volumes Soar by 460% in Two Years

A recent analysis reveals explosive growth in the decentralized finance (DeFi) sector over the past two years, according to data from Token Terminal. Since June 2023, decentralized exchange (DEX) trading volume has surged by a remarkable 460%. The rise in active loans is equally impressive, increasing by 357%, and stablecoin supply has grown by 83% during the same period. This data underscores the significant expansion and adoption of decentralized financial services in recent years.