According to CryptoRank data, the spot trading volume on Ethereum (ETH)-based decentralized exchanges (DEX) recorded $29 billion in July. This is a 76% decrease compared to the all-time high of $122 billion in August 2025, returning to October 2023 levels. Regarding this, Wu Blockchain predicted, "Trading volume has been decreasing by an average of 12.5% per month recently, and if this trend continues, it could drop to $21.2 billion within approximately three months, reaching a five-year low."
