Solana DEX Trading Volume Reaches $1.96 Billion, Ranking First
In the last 24 hours, the decentralized exchange (DEX) trading volume of Solana (SOL) has surpassed $1.96 billion, placing it at the top among blockchains. According to DefiLlama on the 6th, Solana's 24-hour DEX trading volume outperformed that of BNB Chain and Robinhood Chain, which recorded $1.64 billion and $1.61 billion, respectively. This figure represents the total DEX trading volume conducted across various blockchains, rather than the volume of a single exchange, indicating how liquidity is shifting between chains outside of centralized exchanges. The Robinhood Chain has also recently ranked high in DEX trading volume, with a 24-hour DEX trading amount of $1.688 billion, making it the second largest after Solana. For Korean investors, it is observed that trading volumes are concentrated in certain networks such as Solana, Robinhood Chain, and BNB Chain, rather than being influenced by the temporary rankings of specific chains. DEX trading volume is not a direct indicator of token prices, and the actual market impact should be assessed alongside trading continuity, liquidity distribution, and changes in major trading pairs.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
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