Ethereum Sets New Record with $140.1 Billion DEX Trading Volume

Ethereum’s August DEX trading volume surged past 140.1 billion USD, marking a new all-time high, alongside a record 16.77 million active addresses on the network, according to DefiLlama data.

The milestone signifies significant market growth, reflecting increased institutional interest and robust DeFi engagement, while Ethereum’s TVL remains 17% below its 2021 peak.

Ethereum DEX Volume Soars to $140.1 Billion in August

Institutional interest has been pivotal, with ETF inflows into Ether products reaching over $1.5 billion. This drove a significant ETH price appreciation and increased activity across major DEX tokens. Despite this, Ethereum’s total value locked (TVL) remains at approximately $92.58 billion, still below its 2021 peak.

Contrary to the market enthusiasm, there have been no direct public reactions from Vitalik Buterin, Hayden Adams, or key Ethereum figures addressing the new record. Discussions among industry communities remain vibrant, yet formal acknowledgments are pending.

As of August 31, 2025, there were no public statements or quotes from key figures related to the surge in Ethereum DEX trading. Despite the significant milestones achieved in on-chain data, such as the all-time monthly DEX volume exceeding $140.1 billion and a rise in active addresses to 16.77 million, prominent Ethereum contributors have not publicly commented on this specific event.

ETH Price and Expert Insights Following Record Break

Did you know? In August 2025, Ethereum’s DEX volume surpassed the highs of the 2021 bull market—a testament to its enduring growth and adoption amid increasing financial maturity in the DeFi landscape.

Ethereum (ETH) currently trades at $4,460.64 with a market cap of $538.43 billion. It dominates 14.22% of the crypto market, per CoinMarketCap data. Despite a 50.65% drop in 24-hour trading volume, ETH shows resilience with a 23.56% gain over 30 days.

Coincu’s research team highlights that Ethereum’s latest milestone reflects a robust DeFi ecosystem expansion. Emphasizing preparedness for scalability challenges and ongoing regulatory discussions, Ethereum’s long-term prospects are bolstered by its position as a leading blockchain for financial innovation. Furthermore, Ethereum’s recent performance suggests a possible bullish shift in interest rates.