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DeFi Daily TVL Surges 9.15% to $83.3 Billion, DEX Trading Volume Tops $10 Billion for First Time in Two Months

Source: news.bitcoin.com
According to Defillama data, the DeFi market staged a strong rebound on August 20, with TVL surging 9.15% to $83.216 billion. Spot DEX trading volume reached $10.886 billion, marking the first time since June 5 that it has breached the $10 billion threshold. Volume on decentralized perpetual contract platforms hit $36.72 billion, with Hyperliquid processing $15.205 billion in a single day, accounting for approximately 45% of total perpetual DEX volume. Consequently, its HYPE token price also climbed to the $70 range. Uniswap continued to lead spot DEXs with a trading volume of approximately $3.1 to $3.4 billion, while Solana ranked first in spot DEX activity across all cycles.

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