DeFi
Solana DEX leads with 210 million transactions in 30 days
DEXs on the Solana blockchain have outperformed their competitors, recording 210 million transactions over the past 30 days. This reflects Solana’s important role in the DeFi ecosystem and its ability to efficiently handle high-volume transactions. Solana leads with 210 million transactions, BNB Chain recorded 29 million and Arbitrum recorded 13 million. Ethereum, a major player in DeFi, only managed 6.7 million transactions. Solana DEXs also saw a remarkable total volume of $47.75 billion and over 11 million unique traders. Raydium has become a key player, with an average weekly trading volume of around $5 million.