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Solana accounts for 59% of total DEX trading volume
2024-11-26 12:55:04
Odaily News Galaxy Research data shows that the total trading volume of 23 decentralized exchanges (DEX) on the last seven days reached a record high, with a seven-day moving average of US$16.8 billion. In addition, four of the nine days before November 20 ranked among the top ten in terms of daily trading volume, with the highest daily trading volume reaching US$19.8 billion. Solana has been the largest contributor to DEX trading volume, accounting for 54% of the total daily trading volume in the seven days ending November 20, 2024. Its daily trading volume on November 19 and 20 reached US$9.6 billion and US$10.1 billion, respectively, which was a record high. At the same time, Solana's market share rose to 54% in the seven-day moving average, with a maximum daily share of 59%.