In January, the total turnover on DEX reached a record $564.56 billion. The figure updates the highs since September.

The leader is Solana $SOL ($258.74 billion or 45.83% of the ecosystem's total turnover). Following it are:

Ethereum $ETH — $86.107 billion;

BNB Chain $BNB — $80.27 billion;

Base — $52.785 billion;

Arbitrum — $26.778 billion;

Sui — $12.465 billion.

In January, the share of the AMM exchange Raydium based on Solana exceeded that of the once-uncontested segment leader — Uniswap.

The growth in trading volume on the now-largest DEX also coincided with positive dynamics in the meme coin market — one of the most popular asset classes on the platform. The total value locked in the Solana ecosystem exceeds $10.8 billion, second only to Ethereum in the DeFi Llama ranking. For 2024, the figure has grown more than five times. #AltcoinRevolution2028 #DEX #DEXVolume