Weekly DEX Trading Volume Drops to $53.08 Billion
Written with artificial intelligence.
Decentralized exchanges (DEX) reported a weekly trading volume of $53.08 billion, reflecting a 13% decrease from the previous week. Uniswap maintained the highest volume among DEX platforms, with $16.95 billion in trades over the week.
Weekly Trading Volume Overview
The weekly trading volume for decentralized exchanges (DEX) has been recorded at $53.08 billion, representing a 13% decline from the previous week, as reported by DeFiLlama on October 9. During the past week, trading activity has shown a gradual downward trend, with a 24-hour trading volume of approximately $8.73 billion.
Market Share and Leading Platforms
In terms of market share against centralized exchanges (CEX), DEXs hold about 16.91%. Uniswap led the DEX platforms with a weekly trading volume of $16.95 billion. Following Uniswap, PancakeSwap ranked second with $5.30 billion, while Airdrop came in third with $3.78 billion in trading volume.
Chain-Specific Trading Volumes
When examining trading volumes by chain, Solana recorded the highest at $14.83 billion. Ethereum followed with $9.86 billion, while Robinhood Chain and Base reported $7.77 billion and $7.69 billion, respectively. Other notable chains included BSC, Hyperliquid L1, Polygon, Avalanche, Arbitrum, and Near.