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# Decentralized exchanges realize nearly $100 billion in monthly volume for November
- URL: https://btcpeers.com/decentralized-exchanges-realize-nearly-100-billion-in-monthly-volume-for-november-2/
- Published: 2021-11-29T11:19:39.000Z
- Updated: 2023-09-24T15:36:21.000Z
- Author: John Williams
- Tags: News, #saudu, #Import 2025-12-27 14:07

According to data from The Block’s Data Dashboard, decentralized exchanges have so far recorded almost $100 billion in volume in the month of November.

![](https://btcpeers.com/content/images/2021/11/Screenshot-2021-11-29-at-10-48-12-Decentralized-exchanges-near--100-billion-in-monthly-volume-for-November.png)

As of November 28, the figure stood at an estimated $99.5 billion. The monthly volume has recovered since hitting a $56.35 billion low in July, with the November figure surpassing October's $89.15 billion.

Uniswap’s v3 and v2 exchange protocols were the major contributors to the monthly volume for November, with $47.37 billion and $24.07 billion, respectively. Meanwhile, the USDC/ETH trading pair was the most active on Uniswap v3, accounting for approximately 654.4 million in volume in the past 24 hours, according to CoinGecko. The data aggregator announced $1.49 billion in overall volume for the protocol in the past day.

The monthly volume for DEXs peaked in May when they reported a total of $162.83 billion in volume, an ATH to date.

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