Mars Finance News: This month, decentralized exchanges (DEX) on Ethereum have seen significant growth in trader activity, with daily active users reaching approximately 64,000, a three-month high and a 73% surge from the low point on May 4th. This indicates a revival of retail interest in Ethereum trading, potentially driven by improved market sentiment and recent ETH price increases. Despite the surge in trader numbers, monthly DEX trading volume remains around $1.5 billion, suggesting current growth is primarily driven by small-scale trades rather than institutional or large-scale investors. Uniswap continues to dominate, with monthly trading volume reaching $13 billion and approximately 62,000 traders in the ecosystem, capturing a 97% market share. Market observers will continue to monitor whether this activity could signal a broader market breakthrough. (The Block)
Ethereum DEX trading activity soars, Uniswap market share exceeds 97%
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