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.