Solana ecosystem DEX trading volume fell by more than 10% in the past week, while Ethereum DEX increased by 12%
Data shows that trading volume on Solana-based decentralized exchanges (DEX) has fallen by more than 10% in the past week. In contrast, trading volumes on Ethereum, Base, and Sui blockchains have increased by about 12%, 11%, and 77% respectively in the same period. In terms of network trading volume in US dollars over the past week, Ethereum leads with $16.5 billion. Solana's DEX activity ranks second at just over $11 billion, while DEX trading volume on Base totaled $5.4 billion in the same period. In terms of DEX total locked value (TVL), Ethereum is still ahead of Solana, with a TVL of more than $6.44 billion, compared to Solana's $1.74 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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