January's decentralized exchange volumes are on track to reach record highs

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.

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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.