DEX volume hits a new high, surpassing 64.8 billion USD in February.

Recently, the trading volume of decentralized exchanges (DEXs) has once again set a historical high. Data shows that in February, the monthly trading volume of DEXs reached 64.83 billion USD, surpassing January's 61.16 billion USD.

A well-known DEX continues to maintain its leading position in the industry, with trading volume exceeding $30 billion for two consecutive months.

It is worth noting that in February, Ethereum miners' monthly income also hit a historical high. About half of the income comes from transaction fees, which not only reflects the current high transaction costs but also demonstrates the continuous rise in ETH prices. This month, the price of ETH once broke through 2000 dollars.

This series of data indicates that the Decentralization Finance (DeFi) ecosystem is experiencing rapid growth, with user demand for decentralized trading continually rising. However, the high gas fees that have come along with it have also become a focal point of concern in the industry, which may accelerate the development of Layer 2 solutions.

Nevertheless, the booming development of the DEX market still highlights the immense potential of Decentralization Finance and the revolutionary power of blockchain technology in the financial sector. In the future, with continuous technological advancements and ongoing improvements in the ecosystem, decentralized trading is expected to attract more attention from traditional financial users.