Summary
- In May, the decentralized exchange (DEX) trading volume reached approximately ₩656 trillion, marking the second largest scale in history.
- The chain with the largest trading volume was the Binance Coin (BNB) chain, with around ₩250 trillion traded.
- The increase in BNB Chain trading volume is analyzed to be impacted by Alpha Airdrops and trading competitions.
In May, while the virtual asset (cryptocurrency) market saw a boom, decentralized exchanges (DEX) recorded the second largest trading volume in history.
According to DeFiLlama on the 1st (Korea time), the May DEX trading volume totaled $474.135 billion (about ₩656 trillion). This is the second largest monthly DEX trading volume following last January.
The chain that recorded the highest DEX trading volume was the Binance Coin (BNB) chain. On the BNB Chain DEX, the trading volume reached $178.228 billion (about ₩250 trillion). The crypto-specialized media Odaily analyzed that "the increase was influenced by the Alpha Airdrop and trading competitions held on the BNB Chain."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
