Decentralized exchanges (DEXs) closed March with a total volume of $ 67.32 billion, down 8.12% from the previous month, according to data collected by The Block.
This is the first time that the monthly DEX volume has dropped since November 2020.
Uniswap continued to make up most of the monthly volume at $ 41.02 billion.
Sushiswap and Curve generated volumes of $ 10.06 billion and $ 5.08 billion, respectively.
0x and Bancor Network offered $ 4.76 billion and $ 2.59 billion, respectively.