Ethereum Records All-Time Monthly DEX Volume of $140.1B in August as Active Addresses Reach 16.77M and TVL Hits $92.58B

COINOTAG reported on August 31, citing DefiLlama data, that monthly on-chain DEX trading volume on the Ethereum network surpassed $140.1 billion in August, marking a new monthly all-time high for on-chain activity. Active addresses on the network reached 16.77 million, another record reflecting broadened user engagement and elevated transaction throughput across decentralized markets. Ethereum’s total value locked (TVL) currently stands at $92.58 billion, implying it must appreciate roughly 17% to revisit the end‑of‑2021 peak near $108.8 billion. These metrics underscore strengthened DeFi liquidity and operator participation while providing a quantifiable basis for market analysis without speculative extrapolation.