1660 billion looks pretty big, but compared with last October’s peak, it has already been cut to less than half by far—not just halved—so DeFi liquidity is indeed receding.

View Original
CryptoFrontier
DEX Volume Reaches $166.78B in April, Lowest Since August 2024
DEX activity declined further in April, extending a downward trend since October 2025, with total DEX volumes reaching $166.78B—the lowest level since August 2024, according to DeFi Llama data. Trading volumes are now approximately 59% lower than the October 2025 peak, reflecting weaker sentiment in
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin