Decentralized Exchange Trading Volume Surges in October

According to Foresight News, data from DefiLlama indicates that trading volume on decentralized exchanges (DEX) rose significantly in October, reaching $613.3 billion. This marks a substantial increase from approximately $500 billion in September. Uniswap led the DEX market with a monthly trading volume of $170.9 billion, up from $106.5 billion in September. PancakeSwap followed in second place with $101.9 billion, compared to $79.8 billion the previous month.