Surge in Ethereum DEX Activity

Ethereum's DEXs have seen a 73% rise in trader activity in a month, with about 64,000 active users, marking a three-month high. This increase suggests renewed retail interest, possibly due to a positive shift in market sentiment and ETH price increases. However, trading volume has remained steady at $15 billion, highlighting smaller trades. Uniswap remains the leader, handling $13 billion of the total monthly volume and engaging roughly 62,000 traders. The rise in trader numbers could hint at broader future market involvement.