DeFi weekly exchange volume hits $32 billion amid FTX collapse

Trading volumes on decentralized exchanges (DEXs) hit a whopping $32 billion over the last seven days, according to data from Dune Analytics.

The lion’s share of the volume comes from Uniswap, which accounts for $20.9 billion of the trades made over the same period. As a result, the number of new users of Uniswap’s Web App reached 2022 high.