Degen

According to data from DefiLlama, decentralized exchanges (DEXs) experienced a remarkable surge in December, achieving an all-time high monthly trading volume of $463 billion.
DefiLlama reports that trading volumes steadily climbed during Q4, starting with $194.74 billion in October and $374 billion in November before hitting December’s record-breaking figure.
Solana emerged as the leading blockchain for DEX trading activity, handling $115 billion in transactions. Binance Smart Chain (BSC) followed closely with $98 billion, marking its highest monthly volume.
Ethereum-based DEXs processed $88.47 billion, while the Coinbase-backed Base network recorded $52 billion in trades.