1inch, a top DeFi trading platform, just set a new all-time high in daily trading volume.
On June 9, its 24-hour trading volume hit $7.26 billion, breaking all past records. This major spike is making people wonder: Is a new “DeFi Summer” starting?
📊 Latest Numbers from 1inch
According to Dune Analytics:
✅ 24-hour volume: $4.52 billion (latest)
📈 All-time record: $7.26 billion (June 9)
🔄 Transactions (last 24h): 113,762
💰 Total volume so far: $649.6 billion
🔥 What Is DeFi Summer?
DeFi Summer was a hot time in 2021 when:
People rushed into decentralized finance
Platforms like 1inch, Uniswap, and SushiSwap grew fast
Many earned money through yield farming and new DeFi tokens
At its peak, over 80% of on-chain volume came from DeFi apps.
💡 Is DeFi Summer 2.0 Starting?
Here’s why experts think it might be:
Bitcoin and Ethereum are rising fast 🚀
Retail and big investors are jumping back in
Daily DEX trading is now $12.8 billion
DeFi’s market share is now 20.5%
📌 Key Takeaways
1inch set a new trading record
Volume spike could signal a new DeFi boom
DeFi is gaining more attention from investors and users
