Ethereum DEX Trading Hits $140 Billion Milestone, Active Addresses Reach New Highs

Ethereum’s decentralized exchange (DEX) trading volume has soared past $140 billion in August, hitting a new all-time high. This remarkable achievement is accompanied by a record 16.77 million active addresses on the network, according to DefiLlama data. Experts attribute this growth to increasing institutional interest and robust DeFi engagement. While Ethereum’s total value locked (TVL) remains below its 2021 peak at approximately $92.58 billion, the surge in DEX trading volume showcases significant market growth.