以太坊DEX活动达到3个月高，有64,000个用户

尽管如此，每月的DEX交易量仍为150亿美元，UNISWAP UNI占领了97％的交易者（量130亿美元），强调了其优势和较小的零售交易的盛行，驱动了上升速度。

Ethereum's decentralized exchange (DEX) trader activity has surged 73% this month, reaching 64,000 daily active users on May 20, marking a three-month high from a May 4 low of 37,000, data from The Block shows.

该街区的数据显示，以太坊的分散交易（DEX）交易者活动在本月飙升了73％，5月20日达到了64,000个活跃用户，标志着5月4日的37,000低点的三个月高点。

Despite this, monthly DEX trading volume remains flat at $15 billion, with Uniswap (UNI) capturing 97% of traders ($13 billion of the volume), highlighting its dominance and the prevalence of smaller retail trades driving the uptick.

尽管如此，每月的DEX交易量仍为150亿美元，UNISWAP（UNI）占领了97％的交易者（130亿美元的数量），强调了其优势和较小的零售交易的盛行，驱动了Uptick。

Historically, such activity has preceded broader market participation, hinting at potential growth in the coming weeks.

从历史上看，这种活动在市场参与之前已有更广泛的参与，暗示了未来几周的潜在增长。

Additionally, Aave's total value locked (TVL) reached $12 billion, May 20, up from $20 billion in late 2024, signaling a strong return for Ethereum DeFi. This growth reflects increasing confidence in Ethereum's DeFi infrastructure, further evidenced by its dominance in real-world asset tokenization and decentralized finance applications.

此外，AAVE的总价值锁定（TVL）5月20日达到120亿美元，高于2024年底的200亿美元，这表明以太坊Defi的回报率很高。这种增长反映了对以太坊的Defi基础设施的信心日益增加，这进一步证明了其在现实世界中的统治和分散的财务应用中的主导地位。

Aave TVL has doubled since Dec 2024 lows, now at $40B. This signals a strong return for Ethereum DeFi.

自2024年12月的低点以来，Aave TVL已翻了一番，现在为$ 40B。这标志着以太坊Defi的强烈回报。

Arbitrum's DeFi TVL has also hit $2.5B, a new all-time high.

仲裁的Defi TVL还达到了2.5B美元，这是一个新的历史最高水平。

Is the bull market back? 🤔 pic.twitter.com/3i3jO8nL3v

牛市回来了吗？ 🤔pic.twitter.com/3i3jo8nl3v

— DeFi Pulse (@DeFiPulse) May 19, 2025

- 2025年5月19日

Beyond Uniswap and AAVE, other metrics and protocols underscore Ethereum DeFi's upward momentum. According to Grow The Pie, the number of unique addresses interacting with Ethereum DeFi protocols is reaching an all-time high of around 15 million. This surge in user activity indicates growing adoption and engagement.

除了单局和ave之外，其他指标和协议强调了以太坊defi的向上势头。根据Grow The Pie的说法，与以太坊Defi协议相互作用的独特地址数量达到了历史最高的1500万。用户活动中的这种激增表明采用和参与度的增长。

According to DefiLlama, Curve Finance, a major decentralized exchange for stablecoins, reported a 30% increase in its Ethereum-based TVL, climbing to $2.4 billion as of May 20, 2025.

根据Defillama的说法，Curve Finance是对Stablecoins的主要分散交易的曲线融资，其基于以太坊的TVL增长了30％，截至2025年5月20日，其攀升至24亿美元。

Several factors are driving Ethereum DeFi's comeback. The Pectra upgrade has significantly enhanced Ethereum's scalability and user experience. Eleven Ethereum Improvement Proposals (EIPs) implemented in Pectra help improve staking efficiency, wallet usability, and gas efficiency. A key feature is EIP-3074, which simplifies DeFi interactions by enabling account abstraction, reducing transaction steps, and lowering costs for users engaging with protocols like Uniswap and Aave. This has made Ethereum ETH DeFi more accessible, contributing to the 73% surge in trader activity.

有几个因素驱动以太坊Defi的复出。 Pectra升级显着增强了以太坊的可扩展性和用户体验。 Pectra中实施的11项以太坊改进建议有助于提高存放效率，钱包可用性和气体效率。一个关键功能是EIP-3074，它通过启用帐户抽象，减少交易步骤并降低使用诸如UNISWAP和AAVE等协议的用户的成本来简化Defi交互。这使以太坊Eth Defi更容易访问，这导致了交易者活动的73％激增。

A broader market recovery also plays a role. After a downturn in late 2024, the crypto market has bounced back, with Ethereum's price rising nearly 50% post-Pectra to $2,700.

更广泛的市场回收也起着作用。在2024年末经历下降之后，加密货币市场反弹，以太坊的价格上涨了近50％，至2,700美元。

Additionally, Ethereum's ecosystem expansion through Layer-2 solutions like Arbitrum, whose DeFi TVL hit $2.5 billion, has reduced gas fees and attracted more users, as shown in 3 million daily transactions.

此外，以太坊通过第2层解决方案（例如Defi TVL达到25亿美元）的生态系统扩展，降低了汽油费并吸引了更多的用户，如300万次每日交易所示。