Dex trade volumes have fallen significantly over the past four months. Data indicate that March saw the year’s highest dex trade volume at $112 billion. In April, volumes declined by 47.26% to $59.06 billion. May experienced a 12.59% increase, with trade volumes rising to $66.5 billion; of that amount, Uniswap’s dex trades contributed $33.67 billion. Since May, however, dex trade volume has declined by 37.29%. August data indicate dex trade volume at $41.7 billion, with $24.87 billion, or 59.64%, coming from Uniswap trades. Pancakeswap saw $6.76 billion in trades, while Curve Finance contributed $3.79 billion.