Sliding Trading Volume of Solana's Ecosystem DEX, Significant Growth on Ethereum's DEX
Publication Time:2024-08-13 01:36:06
Recent market dynamics show that the trading volume of decentralized exchanges (DEX) in the Solana ecosystem has experienced a notable decline, falling more than 10%. This stands in stark contrast to the trading activities on the Ethereum, Base, and Sui blockchain platforms, where trading volumes have grown by about 12%, 11%, and 77%, respectively, during the same time frame. In terms of USD network transaction volume statistics for the past week, Ethereum leads with a total transaction amount of $16.5 billion, followed closely by Solana DEX activity at around $11 billion, and Base blockchain's DEX transactions totaling $5.4 billion. Furthermore, when it comes to the total value locked (TVL) in DEXs, Ethereum continues to hold the top position with its TVL exceeding $6.44 billion, while Solana's TVL is at $1.74 billion. These figures highlight the different development trends across various blockchain ecosystems in the current market environment.
Blockchain Technology
Solana DEX
Ethereum DEX
Volume Changes