Over 70% Surge in Ethereum DEX Traders as Uniswap Dominates the Market Amid Patent Litigation

Ethereum trading activities on decentralized exchanges (DEXs) have intensified, with daily active users surging to approximately 64,000. This marks a 73% increase from about 37,000 on May 4, reaching a high not seen in three months. While the number of traders has increased, the monthly trading volume of Ethereum remains stable at around $15 billion (approximately 2.1665 trillion yen), suggesting that the bulk of this volume is contributed by individual investors engaged in smaller-scale transactions rather than institutional investors. Historically, movements led by individual investors tend to precede overall market revitalization, indicating potential acceleration in the Ethereum market going forward.