Ethereum DEX Volume Rises 36% as ETH Slides 21% Over the Past Month

Ethereum decentralized exchange (DEX) trading volume rose about 36% during a recent price decline, increasing from about $0.9 billion on June 22 to $1.3 billion on June 24. According to NS3.AI, the rise in DEX activity coincided with a broader pullback in Ethereum’s price. ETH fell about 21% over the past month. The decline was slightly larger than Bitcoin’s drop of near 20% over the same period.