ChainCatcher news, Cointelegraph disclosed data on the X platform showing that DEX trading volume on the Solana chain has exceeded $100 billion for two consecutive months.

ChainCatcher message, according to data from The Block Research, the trading volume of decentralized exchanges (DEX) reached $300 billion in November, surpassing the previous cycle high of $260 billion set in May 2021.Uniswap maintained its market leadership in November with 40% of the total trading volume, while Raydium emerged as a strong competitor, capturing 18% of the market share.According to data from The Block Research, Raydium's significant contribution is partly due to memecoin trading activity and the pump.fun project. The ratio of DEX to CEX (centralized exchanges) continues to trend upward, reaching 11% in November, up from 9.3% in early 2024 and 0.04% in early 2020.

ChainCatcher news, the founder of the encryption analysis platform DYOR, Hitesh Malviya (@hmalviya9), shared data from The Block on X and stated that DEX trading volume has increased by 50% in the past 30 days, and the DEX/CEX spot trading volume metric has jumped from 10% to 22.53% in 3 months, setting a new historical high.

ChainCatcher news, according to Defillama data, in October, the DEX trading volume on the Solana chain reached $52.157 billion, surpassing the trading volume of Ethereum DEX during the same period ($41.499 billion).

ChainCatcher news, according to Defillama data, Solana has surpassed all other blockchains in weekly DEX trading volume for three consecutive weeks, with a trading volume of $15.736 billion in the past 7 days, accounting for 27.7% of the total trading volume. Ethereum ranks second with a trading volume of $8.833 billion in the past 7 days, accounting for 18.39%. Base chain currently ranks third with $7.314 billion, accounting for 17.66%.In addition, the total market capitalization of Solana memecoins has exceeded $12 billion, setting a new historical high.

ChainCatcher news, according to the official announcement, Bybit has announced further enhancements to its MetaTrader 5 (MT5) platform by adding index trading features. Bybit MT5 users can directly use USDT to invest in global indices including those from Hong Kong and mainland China, providing cryptocurrency investors with additional options to invest in traditional markets, further optimizing asset diversity and unlocking investment potential.Bybit MT5 enables users to directly trade traditional assets using USDT, such as commodities, forex, and newly included global major indices, in the form of Contracts for Difference (CFD). This innovation opens the door for cryptocurrency traders to a more diversified portfolio and allows them to deploy complex cross-asset trading strategies.Most importantly, it enables Bybit users to achieve broader trading goals in a crypto-native way. The newly added 17 global indices include the China A50 Index cash CFD (USD), Hang Seng Index cash CFD (HKD), Dow Jones Index cash CFD (USD), Nasdaq 100 cash, Nikkei Index cash CFD (JPY), and more.The Bybit MT5 platform offers real-time data, highly customizable features, and sophisticated market analysis tools, backed by Bybit's top-tier liquidity and hundreds of popular trading pairs, deeply integrating cryptocurrency and traditional assets to meet the ever-changing needs of users.

According to ChainCatcher's message and monitoring by Lookonchain, the DEX trading volume on BSC has surpassed Solana for three consecutive days (August 21, 22, and 23), ranking second only to Ethereum.The DEX trading volumes on BSC for the past three days were $920 million, $1.01 billion, and $908 million;The DEX trading volumes on Solana for the past three days were $703 million, $860 million, and $846 million.

ChainCatcher news, according to DeFiLlama data, in the past 24 hours, the DEX trading volume on the BSC chain reached $908 million, surpassing the $855 million trading volume on the Solana chain. It ranks second, only behind the $1.78 billion trading volume on the Ethereum chain.

ChainCatcher news, according to DUNE data, the total trading volume on decentralized exchanges (DEX) exceeded $20.2 billion yesterday, setting the third highest record in history.It is reported that the previous two records were during the Silicon Valley Bank run ($23.1 billion) and the flash crash in May 2021 ($22.8 billion).

ChainCatcher news, according to Defillama data, in July, Solana surpassed Ethereum for the first time in monthly DEX trading volume, reaching $55.876 billion, while Ethereum was at $53.868 billion, marking a significant growth for Solana in terms of liquidity and user activity.In addition, other outstanding chains include Arbitrum ($24.569 billion), BSC ($17.888 billion), and Base ($15.554 billion).

ChainCatcher news, according to DeFiLlama data, the DEX trading volume on the Solana chain ranked first for two consecutive days, with a trading volume of 1.97 billion USD on July 27 and 1.99 billion USD on July 28.

According to ChainCatcher news, data disclosed by SolanaFloor shows that in the past 24 hours, the trading volume of Solana ecosystem DEX reached approximately $2.148 billion, surpassing the total of Ethereum and Arbitrum, with a market share of 35%.

ChainCatcher news, Blockworks Research analyst Ryan Connor posted on the X platform that the Solana chain has surpassed Ethereum in decentralized exchange (DEX) trading volume for the first time in the past 30 days.

According to ChainCatcher news and DeFiLlama data, the trading volume of DEX on the Solana chain in the past 7 days was $14.597 billion, ranking first for three consecutive weeks, with a 7-day increase of 9.73%. In addition:The trading volume of DEX on the Ethereum chain in the past 7 days was $12.79 billion, with a 7-day increase of 20.88%;The trading volume of DEX on the BSC chain in the past 7 days was $4.842 billion, with a 7-day increase of 23.2%;The trading volume of DEX on the Arbitrum chain in the past 7 days was $5.247 billion, with a 7-day decrease of 29.77%;The trading volume of DEX on the Base chain in the past 7 days was $3.82 billion, with a 7-day increase of 26.42%.

ChainCatcher news, CoinGecko disclosed its Q2 report data on the X platform, showing that DEX trading volume in Q2 reached $370.7 billion, a quarter-on-quarter increase of 15.7%, mainly due to the surge in Meme coin projects and a large number of airdrops. Uniswap remains one of the leading DEXs, with a market share of 48% as of the end of June 2024. The trading volume of the Blast ecosystem's Thruster increased by 464.4% quarter-on-quarter, reaching $6 billion, with a market share of 3%; additionally, thanks to Meme coin trading on the Base chain, Aerodrome's trading volume grew by 297.4%, reaching $5.9 billion and capturing 3% of the market share.

ChainCatcher news, according to DeFiLlama data, in the past 24 hours, the DEX trading volume on the Solana chain reached $2.467 billion, surpassing the $1.534 billion trading volume on the Ethereum chain.

ChainCatcher news, according to a report by Cointelegraph, based on data compiled by the venture capital firm Pantera Capital, over 60% of the increase in decentralized exchange (DEX) trading in May occurred on the Solana blockchain, with Solana's share of DEX trading volume rising from 0% in early 2021 to 24% in May 2024.Additionally, the number of unique active addresses on the network has increased from 14,000 in October 2020 to nearly 1.3 million in May 2024.