The trading activity of Taifang DEX has soared, and Uniswap's market share has exceeded 97%

Odaily Planet Daily reported that the trading activity of Ethereum decentralized exchange (DEX) has significantly increased this month, with the daily active users reaching about 64000, a three-month high and a surge of 73% from the low point on May 4th. This indicates that retail investors' interest in Ethereum trading has rebounded, possibly driven by improved market sentiment and recent price increases in ETH. Despite the surge in the number of traders, the monthly DEX trading volume remains at around $15 billion, indicating that the current growth is mainly driven by small trades rather than institutions or large investors. Uniswap continues to dominate, with a monthly trading volume of $13 billion and approximately 62000 traders in the ecosystem, holding a market share of up to 97%. Market observers will continue to monitor whether this round of activity indicates a broader market breakthrough. （The Block）