Odaily News DeFiLlama data shows that the transaction volume of Arbitrum on-chain DEX on July 12 was 1.688 billion US dollars, surpassing Ethereum and Solana to rank first. In addition, Solana on-chain DEX daily transaction volume was 1.589 billion US dollars, ranking second; Ethereum on-chain DEX daily transaction volume was 1.492 billion US dollars, ranking third.