Weekly Spot DEX volume fell to $30.44 billion between August 3-9, marking its lowest level since September 2024. Stablecoin swap volume declined to $5.74 billion, representing a 75.8% drop from the year’s peak of $23.74 billion recorded in February. Perpetual DEX futures notional volume reached its lowest weekly level this year at $84.23 billion. According to CoinGlass’s Fear and Greed Index, the crypto market spent 170 days in Fear over the past year, representing 46% of the period, with an additional 115 days in Extreme Fear. These volume declines reflect reduced trader participation and heightened risk aversion across the cryptocurrency market.
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