Fundamentals
Decentralized exchange volume
Value swapped through on-chain exchanges. It is the most abused figure in this asset class: incentive programs, multi-hop routing and outright wash trading all inflate it, and none of them leaves an obvious mark. Read it as a direction, never as a level.
01
By protocol
| # | Protocol | Category | Home chain | Volume 24h | Volume 30d | Value locked | Fees 30d | Revenue 30d |
|---|---|---|---|---|---|---|---|---|
| 1 | Uniswap V4 | Dexs | Multi-Chain | $783.00M | $37.67B | $1.37B | $74.56M | $0.00 |
| 2 | Uniswap V3 | Dexs | Multi-Chain | $558.40M | $36.68B | $1.58B | $37.79M | $9.14M |
| 3 | PancakeSwap AMM V3 | Dexs | Multi-Chain | $444.59M | $16.98B | $490.45M | $9.92M | $3.21M |
| 4 | Aerodrome Slipstream | Dexs | Base | $363.65M | $15.37B | $236.44M | $9.94M | $6.51M |
| 5 | Kalshi | Prediction Market | — | $457.79M | $14.92B | — | — | — |
| 6 | PumpSwap | Dexs | Solana | $194.51M | $10.93B | $348.90M | $117.38M | $15.89M |
| 7 | BisonFi | Dexs | Solana | $283.38M | $9.04B | $20.98M | — | — |
| 8 | Orca DEX | Dexs | Multi-Chain | $145.39M | $8.79B | $298.35M | $9.27M | $1.20M |
| 9 | Raydium AMM | Dexs | Solana | $92.08M | $7.49B | $1.17B | $21.75M | $3.36M |
| 10 | PancakeSwap Infinity | Dexs | Multi-Chain | $201.54M | $5.92B | $74.46M | $991,677 | $258,017 |
| 11 | Tessera V | Dexs | Solana | $242.52M | $5.77B | $8.46M | — | — |
| 12 | Meteora DLMM | Dexs | Solana | $59.29M | $4.95B | $161.03M | $41.10M | $4.23M |
| 13 | 1inch Aqua | Dexs | — | $3.68M | $4.71B | — | $64,015 | $13,841 |
| 14 | NEAR Intents | Bridge | Multi-Chain | $130.73M | $4.59B | $214.13M | $7.56M | $2.39M |
| 15 | pump.fun | Launchpad | — | $155.65M | $4.42B | — | $61.20M | $44.39M |
| 16 | Hyperliquid Spot Orderbook | Dexs | Hyperliquid L1 | $67.82M | $4.37B | $142.13M | $2.44M | $1.87M |
| 17 | Fluid DEX | Dexs | Multi-Chain | $91.75M | $4.02B | $232.64M | $288,929 | $43,499 |
| 18 | fomo Wallet | Trading App | — | $44.69M | $3.59B | — | $20.01M | $18.86M |
| 19 | Manifest Trade | Dexs | Solana | $58.67M | $3.51B | $17.35M | — | — |
| 20 | Polymarket US | Prediction Market | — | $104.82M | $3.04B | — | $84.38M | — |
| 21 | Axiom | Trading App | — | $56.98M | $2.93B | — | $35.41M | $16.44M |
| 22 | Curve DEX | Dexs | Multi-Chain | $14.44M | $2.77B | $1.20B | $3.61M | $1.71M |
| 23 | Metric V1 | Dexs | Multi-Chain | $260.06M | $2.48B | $8.87M | — | — |
| 24 | Fables | Dexs | Robinhood Chain | $41.72M | $2.46B | $34.21M | $5.03M | $0.00 |
| 25 | Flashnet | Dexs | — | $42.20M | $2.43B | — | — | — |
| 26 | GoonFi | Dexs | Solana | $75.47M | $2.43B | $5.92M | — | — |
| 27 | GMGN | Trading App | — | $49.43M | $2.42B | — | $21.57M | $17.50M |
| 28 | THORChain DEX | Dexs | Multi-Chain | $53.80M | $2.42B | $64.30M | $3.33M | $919,585 |
| 29 | Scorch | Dexs | Solana | $55.59M | $2.41B | $4.16M | — | — |
| 30 | Metric V2 | Dexs | Multi-Chain | $0.00 | $2.28B | — | — | — |
| 31 | Polymarket International | Prediction Market | Polygon | $92.83M | $2.21B | $354.42M | $30.36M | $14.74M |
| 32 | Unit | Bridge | Multi-Chain | $30.90M | $2.07B | $951.30M | $508,106 | $508,106 |
| 33 | Ramses CL V2 | Dexs | Multi-Chain | $24.08M | $1.98B | $11.04M | $1.31M | $335,671 |
| 34 | HumidiFi | Dexs | — | $8.61M | $1.92B | — | $12,732 | $12,732 |
| 35 | Jupiterz | Dexs | — | $51.99M | $1.72B | — | — | — |
| 36 | Metric V0 | Dexs | Multi-Chain | — | $1.65B | — | — | — |
| 37 | Pharaoh V3 | Dexs | Avalanche | $47.90M | $1.64B | $28.22M | $1.44M | $1.38M |
| 38 | Dexalot DEX | Dexs | Multi-Chain | $20.81M | $1.59B | $2.07M | — | — |
| 39 | Project X | Dexs | Hyperliquid L1 | $20.54M | $1.57B | $34.89M | $1.64M | $233,835 |
| 40 | Pharaoh DLMM | Dexs | Avalanche | $23.45M | $1.49B | $9.73M | $1.41M | $1.37M |
| 41 | Deriverse | Dexs | Solana | $29.61M | $1.36B | $317,444 | — | — |
| 42 | PancakeSwap AMM | Dexs | Multi-Chain | $22.90M | $1.34B | $1.56B | $3.40M | $1.09M |
| 43 | QuantumAMM | Dexs | — | $3.44M | $1.31B | — | — | — |
| 44 | FermiSwap | Dexs | Ethereum | $6.34M | $1.29B | $5.23M | — | — |
| 45 | edgeX Spot | Dexs | — | $16.87M | $1.13B | — | — | — |
| 46 | SUNSwap V3 | Dexs | Tron | $28.73M | $1.12B | $217.18M | $493,316 | $0.00 |
| 47 | AlphaQ | Dexs | Solana | $28.47M | $1.08B | $1.05M | $10,805 | $10,805 |
| 48 | Kuru CLOB | Dexs | Monad | $892,552 | $1.07B | $969,346 | $0.8200 | $0.8100 |
| 49 | Native Core CLOB | Dexs | — | $32.43M | $1.05B | — | $763,362 | $755,943 |
| 50 | 0x | DEX Aggregator | — | $10.45M | $1.02B | — | — | — |
| 51 | SolFi V2 | Dexs | — | $45.97M | $991.26M | — | — | — |
| 52 | Ekubo | Dexs | Multi-Chain | $12.70M | $954.99M | $30.88M | $497,155 | $47,212 |
| 53 | Pendle V2 | Yield | Multi-Chain | $15.21M | $888.04M | $1.10B | $457,108 | $450,147 |
| 54 | Uniswap V2 | Dexs | Multi-Chain | $10.28M | $825.23M | $940.85M | $2.83M | $0.00 |
| 55 | Native Swap | Dexs | Multi-Chain | $27.22M | $802.35M | $3,214 | — | — |
| 56 | Rhea Dex | Dexs | Near | $7.57M | $793.31M | $32.34M | $1.29M | $257,136 |
| 57 | Temple | Dexs | Canton | $19.34M | $727.43M | $6.79M | $263,262 | $263,262 |
| 58 | StonkFun | Launchpad | — | $1.49M | $658.64M | — | $22.73M | $19.95M |
| 59 | Chainflip AMM | Dexs | Multi-Chain | $25.50M | $645.86M | $10.97M | $2.02M | $369,716 |
| 60 | Pons V2 | Launchpad | — | $4.95M | $643.61M | — | $38.37M | $5.71M |
| 61 | Cetus CLMM | Dexs | Multi-Chain | $7.29M | $637.73M | $27.82M | $856,932 | $171,385 |
| 62 | Lighter Spot | Dexs | — | $4.63M | $581.87M | — | $82,139 | $82,139 |
| 63 | up v3 | Dexs | Robinhood Chain | $4.80M | $581.41M | $4.87M | $1.01M | $865,899 |
| 64 | Velodrome V3 | Dexs | Multi-Chain | $10.87M | $575.69M | $20.66M | $291,369 | $282,859 |
| 65 | Angstrom | Dexs | Ethereum | $9.25M | $563.51M | $5.87M | $72,103 | $0.00 |
| 66 | Jupiter Lend DEX | Dexs | Solana | $13.66M | $563.22M | $32.37M | $12,029 | $1,504 |
| 67 | Pendle | Yield | Multi-Chain | $9.09M | $535.84M | $1.23B | $650,500 | $639,765 |
| 68 | Flap sh | Launchpad | Multi-Chain | $7.96M | $534.09M | $3.59M | $34.12M | $8.20M |
| 69 | pump.fun Mobile App | Interface | — | $13.89M | $530.79M | — | $10.41M | $4.79M |
| 70 | Figure Markets Exchange | OTC Marketplace | Provenance | $4.60M | $502.74M | $145.20M | $3,597 | $3,597 |
| 71 | Meteora Dynamic Bonding Curve | Launchpad | — | $10.48M | $498.11M | — | $3.27M | $583,255 |
| 72 | Hanji Protocol | Dexs | Multi-Chain | $8.62M | $489.99M | $1.12M | $49,111 | $49,111 |
| 73 | ElfomoFi | Dexs | Multi-Chain | $6.70M | $487.16M | $1.78M | $41,274 | $20,541 |
| 74 | Terminal | Telegram Bot | — | $10.91M | $471.81M | — | $5.35M | $2.76M |
| 75 | RedotPay Card | Crypto Card Issuer | — | $11.42M | $462.88M | — | — | — |
| 76 | DODO AMM | Dexs | Multi-Chain | $14.55M | $462.30M | $13.96M | $184,642 | $36,914 |
| 77 | SunSwap V4 | Dexs | Tron | $10.12M | $451.48M | $108.68M | $224,194 | $0.00 |
| 78 | nest CL | Dexs | Hyperliquid L1 | $10.08M | $433.32M | $26.43M | $650,943 | $650,943 |
| 79 | Byreal | Dexs | Solana | $3.03M | $402.08M | $12.64M | $189,533 | $37,910 |
| 80 | Ondo Global Markets | RWA | — | $20.65M | $399.65M | — | — | — |
| 81 | Topaz CL | Dexs | Multi-Chain | $4.55M | $397.60M | $922,269 | $83,563 | $83,563 |
| 82 | ZeroFi | Dexs | — | $24.05M | $372.29M | — | — | — |
| 83 | Aerodrome V1 | Dexs | Base | $4.56M | $356.61M | $139.00M | $1.93M | $1.44M |
| 84 | Predict Fun | Prediction Market | Multi-Chain | $16.14M | $345.84M | $10.70M | $6.87M | $1.62M |
| 85 | Aquifer | Dexs | Solana | $25.79M | $344.46M | $179,489 | — | — |
| 86 | LaunchLab | Launchpad | — | $1.88M | $341.40M | — | $9.35M | $1.79M |
| 87 | DeepBook V3 | Dexs | Sui | $2.50M | $334.84M | $13.06M | $38,455 | $17,060 |
| 88 | Quickswap Dex | Dexs | Multi-Chain | $3.67M | $322.53M | $50.65M | $971,273 | $161,876 |
| 89 | Meteora DAMM V2 | Dexs | Solana | $6.21M | $318.22M | $22.86M | $4.80M | $926,878 |
| 90 | WOOFi Swap | Dexs | Multi-Chain | $9.51M | $316.79M | $3.42M | $0.00 | $0.00 |
| 91 | Bluefin Spot | Dexs | Sui | $3.18M | $279.59M | $13.13M | $271,729 | $69,340 |
| 92 | Turbos | Dexs | Sui | $2.49M | $278.27M | $3.56M | $200,578 | $60,166 |
| 93 | Ring Swap | Dexs | Multi-Chain | $8.26M | $278.04M | $164.00 | $838,228 | $0.00 |
| 94 | OPINION | Prediction Market | Binance | $5.59M | $276.00M | $3.08M | $43,072 | $43,066 |
| 95 | Saphyre V3 | Dexs | Sei | $6.53M | $275.13M | $14.85M | $611,088 | $152,770 |
| 96 | Injective Spot | Dexs | — | $1.56M | $274.76M | — | — | — |
| 97 | Hashflow | DEX Aggregator | Multi-Chain | $15.58M | $273.77M | $263,600 | — | — |
| 98 | Alandale V3 | Dexs | Robinhood Chain | $2.24M | $245.25M | $805,418 | $80,078 | $80,078 |
| 99 | Maya Protocol | Cross Chain Bridge | Multi-Chain | $12.94M | $212.61M | $5.22M | $195,005 | $19,501 |
| 100 | Blackhole CLMM | Dexs | Avalanche | $3.00M | $212.36M | $2.14M | $105,351 | $103,264 |
02
By chain
| Chain | Volume 24h | Volume 30d | Value locked | Fees 30d |
|---|