Monthly highlights:
• $4.85B Total DEX volume($152M daily average)
• 31.7M Total swaps(959K daily average)
• 254K unique swappers for the month
• Peak daily volume: $202M+ (August 8th)
Top DEXs:
@hyperion_xyz: ~$3.4B (≈70%)
@ThalaLabs: ~$1.3B (≈24%)
@TappExchange: ~$156.7M
• @earnium_io: ~$3.5M — debuted at #6 in its first mainnet month 
DEX Activity Refinements and Trends:
Strong early month performance: First week averaged $150M+ daily volume
Reliable swap consistency: Faily swaps hovered between 900K to 1M
User engagement peaks: Distinct user increases on Aug 6(11K), Aug 21(27K), and Aug 22(20K)
Emerging L1 DeFi Average Daily Volatility: 4.15%
Strong DEX ecosystem with healthy $150M+ daily volumes
Users base that preserved through volatility
Signs of Growth:
Multiple unique users with periodic spikes in activity
Constant swap numbers, indicating genuine use rather than wash trading
The data indicates that Aptos has developed a solid DeFi ecosystem marked by significant trading volumes.
It continues to undergo the fluctuations that are characteristic of new L1 protocols.
