Decentralized exchanges saw $56 billion in monthly volumes for July

Decentralized exchanges saw $56.47 billion in volume during the month of July, representing another monthly decline.

According to The Block's Data Dashboard, 65% of the monthly volume figure was derived from Uniswap v2 and v3 — $10.6 billion and $26.57 billion, respectively. SushiSwap and Curve posted $6.07 billion and $5.13 billion in monthly volumes, respectively.

THE SCOOP

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro