DEX trading volume exceeds 18 trillion yen! Trends on Uniswap and PancakeSwap

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Hello, this is John. Today I will explain the latest trading volume of DEX (decentralized exchange) in simple terms.

Hello everyone! I'm John, a blogger with an expertise in blockchain technology. Today, I'd like to summarize everything from the basics to the latest information based on the hot news that trading volumes on decentralized exchanges (DEXs) have reached new highs. Unlike centralized exchanges, DEXs allow users to trade directly with each other on the blockchain, and are gaining popularity for their privacy and security benefits.

The reason this topic is important now is that DEX trading volume has surged since the start of 2025, indicating the overall boom in the cryptocurrency market. For example, data shows that weekly trading volume reached $181.33 billion, which represents a 5.88% increase from the previous week. This momentum is an opportunity for beginners, but it is important to first master the basics and enjoy the exchange safely. When choosing an exchange for the first time, it is recommended to compare fees and security points. Here is a detailed explanation of how to choose a major service:How to Choose and Compare Cryptocurrency Exchanges for Beginners.

Let's review the basics of DEX

DEX stands for Decentralized Exchange. It is a platform that uses blockchain technology to allow users to exchange cryptocurrencies directly with each other without a central administrator. In the past, early DEXs such as Uniswap appeared on Ethereum around 2017 and promoted the democratization of trading. Currently, the number of DEXs that support various blockchains is increasing, and trading volume is rapidly expanding.

The appeal of DEX is that it does not require KYC (Know Your Customer) and allows for self-management of assets. However, you should be aware that transaction fees (gas fees) can be high. In the future, DEX will likely become even easier to use as Layer 2 (auxiliary blockchain that speeds up transactions) technology evolves.

Let's take a look at the latest trading volume data for 2025

According to data as of September 25, 2025, the weekly trading volume across all DEXs reached $181.33 billion, up 5.88% from the previous week. This figure symbolizes the activity of the blockchain market. This record, which surpasses previous peaks, is driven by major platforms such as Uniswap and PancakeSwap.

CoinGecko's report ranks the top DEXs by 24-hour trading volume, with Uniswap taking the lead. Currently, the total value locked (TVL) of DEXs is also on the rise, a sign of growing market confidence. It remains to be seen whether this momentum will continue.

Trends in major DEXs: Focusing on Uniswap and PancakeSwap

Uniswap, an Ethereum-based DEX, returned to the top with a market share of 35.9% and trading volume of $111.8 billion in August 2025. PancakeSwap, which runs on BNB Chain and previously led, has fallen to second place with $92 billion in August. These two alone accounted for roughly 25% ($46.76 billion) of recent weekly trading volume.

In the past, PancakeSwap gained popularity due to its low fees, recording monthly trading volume of $173 billion in June 2025. Currently, Uniswap is regaining momentum, thanks to its enhanced cross-chain (transactions between different blockchains) functionality. In the future, the competition between the two will intensify, leading to improved user experience.

Rapidly growing mid-sized DEXes: The rise of Meteora, Raydium, and Aster

Meteora and Raydium are popular DEXs on the Solana blockchain, and are seeing rapid growth in trading volume in 2025. For example, Raydium's 30-day trading volume as of June 30th was $19.1 billion, and it is praised for its efficient trading speed. Aster is an emerging DEX that supports perpetual futures, and recorded 24-hour trading volume of $5.86 million in September 2025, heating up competition with Hyperliquid.

The growth of these mid-sized DEXs indicates a shift from a niche market to the mainstream. Going forward, we expect to see an increase in multi-chain supporting platforms like Aster, further diversifying trading options.

Tips and precautions for using DEX

When starting a DEX, the first thing you need to do is prepare a wallet (a tool for storing cryptocurrency). Choose a popular wallet like MetaMask and try trading with a small amount. However, remember that you invest at your own risk and are subject to market fluctuations. In terms of regulations, if you're in Japan, be sure to check the regulations of the Financial Services Agency, and for security, be sure to set up two-factor authentication.

Check gas prices before trading: Avoid when prices are high.
Choose a reliable DEX: Start with Uniswap or PancakeSwap.
Diversify your assets: Avoid concentrating your assets on one platform and diversify your risk.
Stay up to date with the latest news: Follow updates on Cointelegraph and more.

If you follow these tips, even beginners can enjoy DEX with peace of mind. This is not investment advice, so please use your own judgment.

Summary: The future of DEX is bright, but with caution

This time, we talked about the sudden increase in trading volume on DEXs. We hope you were able to get a sense of the dynamism of the market, from past fundamentals to current data and future growth. John hopes that while these technological advances will make cryptocurrencies more accessible, safety comes first. Start small and learn while having fun.

If you are unsure which company to choose first, compare fees, the stocks available, and ease of use of the UI.click here.

This article has been compiled and fact-checked by the author, based on the following original articles and public information:

How to choose and compare cryptocurrency exchanges for beginnersclick here .

DeFi Revolution: DEX trading volume exceeds 18 trillion yen per week! A detailed explanation of the latest trends