DEX Volumes Decline for Five Consecutive Months
April 6, 2026 at 10:42
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✦ AI Summary
- Daily perpetual DEX volumes dropped below $10 billion
- This marks the lowest volume since July 2023
- The decline follows an October peak in activity
Data from DefiLlama reveals a significant decline in perpetual decentralized exchange (DEX) volumes, which hit just $8.4 billion on April 4. This marks the first time daily volumes have dipped below the $10 billion threshold since September 2023, indicating a continued downward trend. The recent figures represent the lowest trading volume recorded since July and highlight a sharp drop from the peak activity witnessed in October.
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