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DEXs monthly trading volume hits a new high, ETH miner income surges.
Recently, the trading volume of decentralized exchanges (DEXs) has once again broken historical records. According to data from a platform, the monthly trading volume of DEXs in February has reached $64.83 billion, surpassing the record of $61.16 billion in January.
A certain DEX platform continues to maintain its industry-leading position, with trading volume exceeding 30 billion USD for two consecutive months.
It is worth noting that in February, Ethereum miners' monthly income also reached a historical high. About half of the income came from transaction fees, which not only reflects the high transaction costs on the current network but also demonstrates the ongoing upward trend in ETH prices. This month, ETH briefly broke the $2000 mark.
This data indicates that the decentralized finance (DeFi) ecosystem is experiencing significant growth, with notable increases in user participation and trading activity. However, the high trading fees have also sparked discussions within the community regarding network scalability, and the Ethereum community is actively exploring various solutions to address the growing network demands.