[DEX Activity Drops to One-Year Low, Q1 Trading Volume Falls Back to March Last Year Levels] March 30 news: In the first quarter of 2026, decentralized exchange (DEX) trading activity continued to decline, with overall trading volume falling to its lowest level in nearly a year, roughly matching the $41.6 billion recorded at the end of March 2025. Over the past week, total DEX trading volume across the network was approximately $41.07 billion, with a noticeable outflow of trading volume from the Ethereum chain. The proportion of DEX trading volume compared to centralized exchanges dropped from the summer 2025 peak of over 21% to 14.1%. Solana led the way with a weekly trading volume of $11.42 billion, supported primarily by PumpSwap activity and the new token output from Pump.fun.