Decentralized exchanges (DEX) processed a combined $ 1.15 billion in spot and perpetual contract volumes during August, marking the first time that the monthly DEX activity exceeded the threshold of $ 1 billion.
According to Defillama data, the Spot Dex volumes reached $ 506.3 billion in August, falling to only $ 1.5 billion below the historical maximum of $ 507.8 billion registered in January.
The August figure represents an increase of 18.4% of the commercial activity of July, which demonstrates sustained growth in the spots on the chain.
The volumes of perpetual contracts promoted record yield, reaching $ 648.6 billion in August, a jump of 31.3% since July and an absolute maximum of all time for the category of derived products.
The increase in perpetuals represented 56.4% of the total volume of DEX during the month.
Ethereum claims Spot leadership
August marked the first time since March that Ethereum surpassed Solana and BNB in the chain in the spot negotiation volume in the chain.
Ethereum prosecuted $ 140.4 billion in monthly spot volume, while Solana registered almost $ 120 billion. The BNB chain completed the first three with approximately $ 60 billion in commercial activity.
UNISWAP maintained its position as the Dominant Spot Dex protocol, capturing 28.2% of the total volumes with more than $ 143 billion processed in August. Pancakeswap assured second place with $ 56.6 billion, while Hyperliquid completed the first three with $ 21.7 billion in spot volume.
The perpetual landscape showed an even greater concentration, with hyperlichids that establishes the absolute domain by capturing 62.5% of the market through its $ 405.8 billion in monthly volume.
Ethereum -based perpetual protocols processed $ 72.5 billion, ensuring second place, while BNB chain platforms generated $ 55.1 billion.
Among other perpetual protocols, Edgex captured $ 43.6 billion in negotiation volume, while ordered $ 23.7 billion during August.
The increase in punctual volume raised the Dex-CEX negotiation ratio by 0.7% to 17.2% in August. Throughout 2025, this relationship has been consistently remained above 10%, indicating the sustained adoption of commercial infrastructure in the chain.
These numbers indicate a growing acceptance of decentralized places of trade, potentially driven by a better user experience on the main DEX platforms.
The monthly volume yield of $ 1.1 billion positions decentralized exchanges as a permanent accessory in the structure of the cryptocurrency market, with perpetuals that finally contribute their attention similar to that of their centralized counterparts.
