DEX Aggregators See New Volume Highs

  • Trading volume on decentralized exchange (DEX) aggregators has reached new highs in Q4 2021.

  • Data sourced from Dune analytics indicates that volume on popular DEX aggregators such as 1inch, 0x, and Paraswap has increased to a new cumulative weekly all time high of $6 billion last week.

  • DEX aggregators are increasingly used to source the best exchange rates when using decentralized protocols as opposed to using a single decentralized exchange (DEX).

  • Further information shows that there has been over $4 billion in trading volume in DEXs over the past 24 hours, and over $33 billion for the past week.

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