January's decentralized exchange volumes are on track to reach record highs
UPDATED: January 16, 2021, 11:19AM EST
<span class="acf-media-credit"><span class="acf-credit"><span class="acf-credit"><a href="theblockcrypto.com" target="_blank">The Block</a></span></span></span>
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This month's decentralized exchange (DEX) volumes are set to break September 2020's record highs. According to data compiled by The Block, current DEX volumes for January 2021 are $26.01 billion with 15 days remaining for the month. In September, DEX volumes reached $26.6 billion fueled by DeFi Summer.
Uniswap currently makes up 44.85% of January’s trading volume, with SushiSwap (22.19%) and Curve (12.98%) in second and third place, respectively.
