Decentralized exchanges, or DEXes, continue to rise amid high transaction fees. DeXes have handled more volume in the first two months of 2021 than during all previous years combined. The overall amount trapped in these exchanges is above $40 billion for the first time during recent weeks. Uniswap represents more than three-quarters of DEX users. The DEX market is still dominated by UnisWap and Sushiswaps, who account for 65 percent of February's trade combined.