The trading volume of Ethereum-based DEX was $1.2 billion yesterday, a decrease of approximately 52.4% from the previous week's peak

According to DeFiLlama data, the trading volume of Ethereum-based DEX on January 17th was $1.2 billion, a significant decrease of approximately 52.4% from the previous peak ($2.524 billion) one week ago. In addition, Solana-based DEX had a trading volume of $823 million on January 17th, ranking second; Arbitrum ranked third with a volume of $560 million.