The number of Ethereum DEX traders dropped from 95,000 in March to 63,000 last week
Mars Finance News, according to The Block Pro data, despite the memecoin rebound, the number of Ethereum DEX traders fell from 95,000 in March to 63,000 last week, the lowest level since February. Despite Ethereum’s strong performance, DEX activity is still declining, with GMCI MEME index gains falling to 200% from 300% year-to-date. Meanwhile, trading volumes on CEX surged in mid-April amid geopolitical tensions and high U.S. inflation.
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