In October, DEX trading volume reached a historic high, and traders adjusted their capital allocation.

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[In October, DEX volume hit a record high, traders adjust their capital allocation] In October, the volume of decentralized exchanges (referred to as DEX) surged from nearly 500 billion USD in September to 613.3 billion USD, setting a new historical high. This significant rise is attributed to traders rebalancing their holdings. According to data from DefiLlama, among all DEX, Uniswap had the highest monthly volume in October, reaching $170.9 billion, which is a rise from $106.5 billion in September; PancakeSwap ranked second, with October's volume at $101.9 billion, compared to $79.8 billion in September. At the same time, the volume of CEX reached a peak in October, reaching $2.17 trillion, the highest level since January 2025. Data from The Block's dashboard shows that the trading volume in October rose by about 28% compared to $1.69 trillion in September.

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