Lookonchain APP

App Store

Data: October DEX Spot Trading Volume Hits All-Time High, CEX Spot Trading Volume Reaches Highest Level Since January

2025.11.03 12:48:21

On November 3rd, as per the data from DefiLlama, the total DEX trading volume witnessed a remarkable surge and reached a historic high of $613.3 billion in October. This figure is higher than the nearly $500 billion in September. Uniswap took the lead in October with a trading volume of $170.9 billion, which is an increase from $106.5 billion in September. PancakeSwap ranked second with a trading volume of $101.9 billion, up from $79.8 billion in the previous month. On the other hand, the CEX trading volume also achieved a new high in October, reaching $21.7 trillion. This is the highest level since January 2025. The October trading volume showed an increase of about 28% compared to September's $16.9 trillion. Binance's trading volume last month reached $810.4 billion and still maintained its position as the world's largest exchange, with an increase from $636.5 billion in September. (The Block)
Relevant content

Shitcoin Season Index remains at a low level, currently standing at 19

As of December 7, CoinMarketCap data shows the Altcoin Season Index currently stands at 19. It previously hit a peak of 78 on September 20 and averaged 25 last week. The index indicates that over the past 90 days, roughly 19 of the top 100 cryptocurrencies by market cap have outperformed Bitcoin in price. Note: The CMC Cryptocurrency Altseason Index is a real-time indicator to gauge if the current crypto market is in an altcoin-dominated season. It tracks the performance of the top 100 altcoins against Bitcoin over the past 90 days.

7 minutes ago

A new wallet deposited 3,000,000 USDC to HyperLiquid and went long on HYPE with 10x leverage.

December 7 — Per Onchain Lens monitoring, a newly created wallet deposited 3 million USDC into HyperLiquid and opened a 10x leveraged long position on HYPE.

7 minutes ago

Polymarket predicts a 33% chance of "Bitcoin Reaching $100,000 Again This Year."

Dec. 7 — On Polymarket, the probability Bitcoin hits $100k again this year is currently 33%. Also, odds it reaches $110k again stand at 10%, while the chance it drops below $80k is 37%.

7 minutes ago

Pump.fun's protocol revenue in the last 24 hours has surpassed Hyperliquid.

As of Dec. 7, per Defillama data, Pump.fun generated $1.09M in revenue over the past 24 hours—surpassing Hyperliquid’s $896k for the same period and ranking third overall, behind Tether ($23.65M) and Circle ($8.15M).

7 minutes ago

Paradigm Co-founder: We Are Currently Experiencing the Cryptocurrency Industry's 'Netscape or iPhone Moment'

**December 7th** Matt Huang, co-founder of crypto investment firm Paradigm, posted on social media: “I don’t know who needs to hear this, but right now, the crypto industry is having its ‘Netscape moment’ or ‘iPhone moment.’” Its operations are unprecedented in scale—even larger than we could’ve imagined—with growth accelerating at both the institutional and cypherpunk levels. **BlockBeats Note** - **Netscape Moment (1995):** The release of the Netscape browser brought the internet into the mainstream. This marked the web’s transition from niche community technology to widespread adoption. - **iPhone Moment (2007):** The launch of the iPhone sparked explosive mobile internet growth, fundamentally changing how people interact with technology, make payments, socialize, and consume.

7 minutes ago

The probability of a 25 basis point interest rate cut by the Federal Reserve in December is currently at 86.2%.

On December 7, CME’s FedWatch Tool shows the probability of a 25-basis-point (bps) Federal Reserve rate cut in December stands at 86.2%, while the chance of holding rates steady is 13.8%. The Fed will announce its interest rate decision (covering the period through December 10) at 3:00 a.m. Beijing time on December 11. The expected federal funds rate is 3.75%, down from the prior 4.00% level. Fed Chair Jerome Powell will hold a monetary policy press conference at 3:30 a.m. Beijing time the same day.

7 minutes ago