Децентрализованные биржи устанавливают рекорды: торговый объем в октябре составил $613 млрд Translation: Decentralized Exchanges Set Records: Trade Volume Reached $613 Billion in October

The share of decentralized platforms among cryptocurrency exchanges has risen to 20%.

As reported at the end of October, the total trading volume on decentralized exchanges (DEX) reached an all-time high of $613.3 billion, according to data from DeFi Llama. The previous record was set in January, when the figure first hit $560.2 billion.

In October, the highest trading volume for the month was recorded on Uniswap, totaling $165 billion. PancakeSwap and HumidiFi followed, with volumes of $96 billion and $35 billion, respectively.

The trading turnover for perpetual contracts on perp-DEX reached an unprecedented high of $1.3 trillion, marking a historic peak. Leading this category was Hyperliquid, with $285 billion, followed by Aster ($281 billion) and Lighter ($266 billion).

Centralized exchanges (CEX) also reported a record figure for 2025, reaching $2.17 trillion, the highest since January. Binance emerged as the leader with $810.4 billion.

The ratio of DEX to CEX trading volumes grew from 18.8% in September to 19.8% in October.

According to Min Jun from Presto Research, the surge in exchange activity is linked to the sharp market decline on October 11. «The crash caused significant instability and prompted trading amid portfolio rebalancing. Activity may continue with new volatility drivers like news regarding trade relations between the US and China or macroeconomic data,» he commented to The Block.

Vincent Liu, Director of Investments at Kronos Research, noted that the rise in metrics was also fueled by the excitement surrounding meme coins on the BNB Chain and anonymous cryptocurrencies. He indicated that the current trend may persist into November.

The Ethereum network set a new record in October, with monthly stablecoin operations in the ecosystem reaching $2.8 trillion. This figure spiked by 45% compared to September’s total of $1.94 trillion.

Leading the charge was USDC from Circle, which accounted for $1.6 trillion of the total turnover. USDT from Tether surpassed $895 billion, and the stablecoin DAI from Sky (formerly MakerDAO) made it into the top three with $136 billion.

«Stablecoins have become one of the most dynamic sectors following Circle’s IPO and the passage of the GENIUS Act. The highest activity has been observed in yield farming; new ‘stablecoins’ with innovative concepts are attracting users,» emphasized Min.

The market capitalization of the sector reached $307 billion, with approximately 60% of the market attributed to USDT.

It is noteworthy that Tether International’s net profit in the first nine months of 2025 exceeded $10 billion.