DeFi DEX爆发：现货交易量飙升至新高！

去中心化交易所（DEX）正在经历爆炸性增长，现货交易量创下历史新高。深入探讨塑造 DeFi 未来的驱动力、影响和顶级 DEX。

DeFi's DEXplosion: Spot Trading Volume Soars to New Heights!

DeFi DEX爆发：现货交易量飙升至新高！

Hold on to your hats, folks! The world of DeFi and decentralized exchanges (DEXs) is on fire, with spot trading volume hitting an all-time quarterly high. It's a wild ride, so let's dive in!

各位，请戴好你们的帽子！ DeFi 和去中心化交易所 (DEX) 的世界如火如荼，现货交易量创下历史季度新高。这是一次疯狂的旅程，所以让我们开始吧！

DEXs Smash Records: $1.43 Trillion in Q3 2025

DEX 打破记录：2025 年第三季度达到 1.43 万亿美元

Decentralized exchanges just posted an all-time quarterly high: $1.43 trillion in spot trading volume during Q3 2025. That’s up ~43.6% from $1 trillion in Q2 2025, and it surpasses the previous record of nearly $1.2 trillion. We're talking serious numbers here. But what's fueling this insane growth?

去中心化交易所刚刚创下了历史季度新高：2025 年第三季度的现货交易量为 1.43 万亿美元。这比 2025 年第二季度的 1 万亿美元增长了约 43.6%，并且超过了之前近 1.2 万亿美元的记录。我们在这里谈论的是严肃的数字。但是什么推动了这种疯狂的增长呢？

What's Driving This Surge?

是什么推动了这一激增？

It seems like price discovery is happening on DEXs before it hits centralized platforms. This suggests maturing infrastructure and deepening liquidity pools within the DeFi space. The market indicates that price discovery occurs on decentralized exchanges before centralized platforms serve as exit liquidity venues. It also suggests maturing infrastructure and deepening liquidity pools with the DeFi space.

价格发现似乎在到达中心化平台之前就已经在 DEX 上发生了。这表明 DeFi 领域的基础设施日趋成熟，流动性池不断深化。市场表明，在中心化平台充当退出流动性场所之前，价格发现发生在去中心化交易所。它还建议完善基础设施并深化 DeFi 领域的流动性池。

Aave's DeFi Dominance

Aave 的 DeFi 主导地位

Speaking of growth, Aave is crushing it! Their dominance in the DeFi space has skyrocketed, controlling a whopping 20% of the Total Value Locked (TVL). That's a serious power move, showcasing the strength and reliability of established DeFi protocols.

说到成长，Aave 简直是碾压！他们在 DeFi 领域的主导地位急剧上升，控制着总锁定价值 (TVL) 的高达 20%。这是一个重大的权力举措，展示了现有 DeFi 协议的强度和可靠性。

Implications for the Crypto Ecosystem

对加密生态系统的影响

This surge in DEX trading volume marks a transformative moment in how crypto markets operate. For crypto builders, this shift opens fresh avenues – from liquidity infrastructure and DEX tooling, to oracle solutions and analytics platforms that lean on the new on-chain price landscape.

DEX 交易量的激增标志着加密货币市场运作方式的变革时刻。对于加密货币构建者来说，这种转变开辟了新的途径——从流动性基础设施和 DEX 工具，到依赖新的链上价格格局的预言机解决方案和分析平台。

Top DEXs to Watch in October 2025

2025 年 10 月最值得关注的 DEX

The ecosystem matures, DEXs have come a long way from their early, clunky beginnings. Today, they rival centralized platforms in both performance and usability, offering advanced features, deeper liquidity, and community-driven innovation built on trustless infrastructure. Here is a list of the top 12 decentralized exchanges to look out for in October 2025.

生态系统已经成熟，DEX 已经从早期笨拙的开端走过了很长的路。如今，它们在性能和可用性方面都可以与中心化平台相媲美，提供先进的功能、更深层次的流动性以及建立在去信任基础设施上的社区驱动的创新。以下是 2025 年 10 月最值得关注的 12 家去中心化交易所的列表。

1. Uniswap
2. dYdX
3. Balancer
4. IDEX
5. SushiSwap
6. Osmosis
7. StackSwap
8. DeFiLlama Swap
9. Poocoin
10. Camelot
11. Vertex
12. KyberSwap

The Future is Decentralized (Probably?)

未来是去中心化的（可能？）

While the future is never certain, one thing is clear: decentralized exchanges are a force to be reckoned with. They're offering users more control, transparency, and innovation than ever before. Of course, with great power comes great responsibility. Remember to do your own research, understand the risks involved, and choose platforms that align with your individual needs and risk tolerance.

虽然未来永远不确定，但有一点是明确的：去中心化交易所是一股不可忽视的力量。他们为用户提供比以往更多的控制、透明度和创新。当然，权力越大，责任越大。请记住进行自己的研究，了解所涉及的风险，并选择符合您个人需求和风险承受能力的平台。

Final Thoughts: Buckle Up!

最后的想法：系好安全带！

The world of DeFi is constantly evolving, and decentralized exchanges are at the forefront of this revolution. It's an exciting time to be involved, so buckle up, stay informed, and enjoy the ride! Who knows what amazing innovations and opportunities await us in the future? Only time will tell, but one thing's for sure: it's gonna be wild!

DeFi 世界在不断发展，而去中心化交易所处于这场革命的最前沿。这是一个激动人心的参与时刻，所以系好安全带，随时了解最新情况，享受旅程！谁知道未来有什么惊人的创新和机遇在等待着我们？只有时间才能证明一切，但有一件事是肯定的：这将会很疯狂！