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Solana DeFi TVL (Total Value Locked) has surged to $5.33 billion, surpassing all other blockchains in daily net inflows. Solana has also become the favorite destination for users, receiving $5.8 million in daily inflows. This increase in activity has contributed to a significant rise in DEX (Decentralized Exchange) volumes, which are up 100% year-over-year, amounting to $17 billion in weekly volume. Solana's volumes have increased 20-fold, while Ethereum's volumes have decreased by 20%.
DEX trading venues have undergone a significant shift with @orca_so & @AerodromeFi eating into @Uniswap’s market share over the past year. @ElBarto_Crypto wrote a great sector overview on @ournetwork__’s latest issue. ➡️ https://t.co/oDgLM0iJGx Chart via: @DefiLlama https://t.co/utN5WjCFsR
DEX volume is up 100% YoY with $17B in weekly volume… See what’s happening on @Uniswap, @PancakeSwap, @RaydiumProtocol & @LFJ_gg in the latest @ournetwork__ issue. ⬇️⬇️⬇️ https://t.co/oDgLM0ibQZ
DEX volumes peaked in March 2024 & have since hovered around $20-$25B per week, still up 100% YoY. @Solana volumes ⬆️ 20x. @Ethereum ⬇️ 20%. Get a full DEX update from @ElBarto_Crypto: https://t.co/UfdUIxLrEE Chart via: @artemis__xyz https://t.co/OLTRiVDQzl
