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Solana Ecosystem DEX transaction volume fell by more than 10% in the past week, while Ethereum DEX grew by 12%.

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2024-08-12 17:35:31
According to DeFiLlama data, Solana-based decentralized exchange (DEX) trading volume has dropped by more than 10% in the past week. In contrast, trading volume on the Ethereum, Base, and Sui blockchains has increased by about 12%, 11%, and 77%, respectively, over the same period. In terms of dollar network trading volume over the past week, Ethereum leads with $16.50 billion. Solana's DEX activity is in second place, just above $11 billion, while DEX trading volume on Base totaled $5.40 billion over the same period.
In terms of DEX total lock-in value (TVL), Ethereum remains ahead of Solana, with TVL exceeding $6.44 billion compared to Solana's $1.74 billion.
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