Uniswap Returns to Top Spot as DEX Market Experiences Resurgence

The decentralized exchange (DEX) market experienced a significant shake-up in August 2025, with Uniswap reclaiming its position as the leading platform after a turbulent period. Trading volume surged by 28.3% month-on-month, reaching $111.8 billion and surpassing the $100 billion mark for the second time this year. This comeback marks a significant reversal of earlier losses when PancakeSwap briefly captured market leadership following Binance Alpha 2.0’s launch.