In January, complete turnover on the DEX reached a report $564.56 billion.
The chief is Solana ($258.74 billion or 45.83% of complete ecosystem turnover). It’s adopted by:
- Ethereum – $86.107 billion;
- BNB Chain – $80.27 bln;
- Base – $52.785 billion;
- Arbitrum – $26.778 billion;
- Sui – $12.465 billion.
In January, the share of Solana-based AMM trade Raydium surpassed that of the as soon as perennial section chief, Uniswap.
The expansion in buying and selling quantity on the now largest DEX additionally coincided with the optimistic dynamics of the meme-coin market, one of the vital fashionable asset courses on the platform.
The overall blocked worth within the Solana ecosystem exceeds $10.8 billion, second solely to Ethereum within the DeFi Llama rating. The determine has grown greater than fivefold over 2024.
In January, the ratio of DEX turnover to complete buying and selling quantity on the CEX exceeded the 20% threshold for the primary time.
Final month, the “meme-token manufacturing facility” Pump.enjoyable on Solana celebrated its first anniversary, dramatically simplifying and cheapening the method of issuing digital belongings.
On the finish of January, the every day quantity of commissions on the platform amounted to a report $15.4 million.
Recall that on the finish of final month the buying and selling turnover of Solana-exchange Meteora reached $37 bln. The indicator of the earlier interval – $990 mln.