Ethereum DEX users reach highest number in three months as retail investors trade

The number of users of Ethereum-based decentralized exchanges (DEXs) has reached a three-month high. On the 20th (local time), TheBlock reported that the number of DEXs in the Ethereum ecosystem
The number of daily active users reached 64,000. The recent rise in the price of Ethereum (ETH) appears to have attracted investor interest in the Ethereum ecosystem.
However, the DEX's monthly trading volume of $15 billion was mostly generated by small transactions, meaning the proportion of institutional investors was small.
The Block said, "As trading by individual investors increases, participation in the market as a whole has increased."
"We expect trading volumes to increase further in the near future."