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 | $1.64B | $28.21B | $1.01B | $70.67M | $0.00 |
| 2 | Uniswap V3 | Dexs | Multi-Chain | $538.71M | $26.54B | $1.48B | $45.01M | $9.45M |
| 3 | PumpSwap | Dexs | Solana | $1.02B | $19.85B | $326.01M | $87.14M | $15.84M |
| 4 | PancakeSwap AMM V3 | Dexs | Multi-Chain | $647.83M | $18.48B | $314.03M | $10.30M | $3.32M |
| 5 | Aerodrome Slipstream | Dexs | Base | $416.15M | $12.54B | $178.95M | $5.80M | $4.12M |
| 6 | Kalshi | Prediction Market | — | $397.79M | $10.71B | — | — | — |
| 7 | BisonFi | Dexs | Solana | $194.35M | $7.54B | $19.26M | — | — |
| 8 | Orca DEX | Dexs | Multi-Chain | $206.25M | $6.33B | $254.27M | $4.46M | $574,828 |
| 9 | Metric V2 | Dexs | Multi-Chain | $194.05M | $6.18B | $4.64M | — | — |
| 10 | PancakeSwap Infinity | Dexs | Multi-Chain | $265.71M | $5.02B | $68.86M | $647,115 | $176,190 |
| 11 | Meteora DLMM | Dexs | Solana | $137.83M | $4.33B | $207.45M | $12.71M | $1.29M |
| 12 | Hyperliquid Spot Orderbook | Dexs | Hyperliquid L1 | $163.37M | $4.06B | $180.74M | $2.36M | $1.89M |
| 13 | Raydium AMM | Dexs | Solana | $110.82M | $3.91B | $1.08B | $9.92M | $1.50M |
| 14 | Tessera V | Dexs | Solana | $72.00M | $3.79B | $13.14M | — | — |
| 15 | Manifest Trade | Dexs | Solana | $166.19M | $3.38B | $18.85M | — | — |
| 16 | Curve DEX | Dexs | Multi-Chain | $23.77M | $3.33B | $1.30B | $4.15M | $1.26M |
| 17 | Fluid DEX | Dexs | Multi-Chain | $124.18M | $2.92B | $305.15M | $306,430 | $27,782 |
| 18 | NEAR Intents | Bridge | Multi-Chain | $115.11M | $2.84B | $117.27M | $3.92M | $745,293 |
| 19 | Scorch | Dexs | Solana | $64.72M | $2.61B | $2.45M | — | — |
| 20 | pump.fun | Launchpad | — | $83.17M | $2.61B | — | $47.93M | $36.62M |
| 21 | Kuru CLOB | Dexs | Monad | $87.58M | $2.59B | $1.03M | $13.46 | $0.00 |
| 22 | Project X | Dexs | Hyperliquid L1 | $66.92M | $2.56B | $45.65M | $2.14M | $306,175 |
| 23 | GMGN | Telegram Bot | — | $359.42M | $2.53B | — | $36.27M | $29.74M |
| 24 | Axiom | Trading App | — | $98.00M | $2.29B | — | $40.06M | $24.00M |
| 25 | Flashnet | Dexs | — | $92.31M | $2.28B | — | — | — |
| 26 | Polymarket International | Prediction Market | Polygon | $59.75M | $2.24B | $341.62M | $32.42M | $15.53M |
| 27 | PancakeSwap AMM | Dexs | Multi-Chain | $69.18M | $2.10B | $1.84B | $5.17M | $1.66M |
| 28 | HumidiFi | Dexs | — | $0.00 | $2.05B | — | $47,489 | $47,489 |
| 29 | FermiSwap | Dexs | Ethereum | $66.55M | $1.70B | $5.28M | — | — |
| 30 | Lista DEX | Dexs | Multi-Chain | $56.98M | $1.69B | $39.50M | $18,226 | $3,642 |
| 31 | Unit | Bridge | Multi-Chain | $61.70M | $1.65B | $701.17M | $447,197 | $447,197 |
| 32 | Polymarket US | Prediction Market | — | $49.38M | $1.53B | — | $32.62M | — |
| 33 | Aquifer | Dexs | Solana | $0.00 | $1.39B | $214.02 | — | — |
| 34 | GoonFi | Dexs | Solana | $58.37M | $1.35B | $5.86M | — | — |
| 35 | AlphaQ | Dexs | Solana | $44.61M | $1.29B | $1.04M | $14,340 | $14,340 |
| 36 | Jupiterz | Dexs | — | $52.06M | $1.20B | — | — | — |
| 37 | Rocky Exchange Spot | Derivatives | — | $71.20M | $1.20B | — | — | — |
| 38 | SUNSwap V3 | Dexs | Tron | $41.44M | $1.16B | $201.90M | $539,258 | $0.00 |
| 39 | fomo Wallet | Trading App | — | $37.60M | $1.13B | — | $16.30M | $14.61M |
| 40 | Ramses CL V2 | Dexs | Multi-Chain | $173.33M | $1.13B | $16.87M | $1.70M | $220,168 |
| 41 | SolFi V2 | Dexs | — | $21.89M | $1.13B | — | — | — |
| 42 | Ekubo | Dexs | Multi-Chain | $80.34M | $1.12B | $26.35M | $159,459 | $12,163 |
| 43 | Deriverse | Dexs | Solana | $31.56M | $1.02B | $167,973 | — | — |
| 44 | Uniswap V2 | Dexs | Multi-Chain | $49.87M | $1.00B | $967.16M | $3.63M | $0.00 |
| 45 | edgeX Spot | Dexs | — | $36.61M | $960.64M | — | — | — |
| 46 | Pharaoh DLMM | Dexs | Avalanche | $16.52M | $907.74M | $14.45M | $669,691 | $663,732 |
| 47 | Dexalot DEX | Dexs | Multi-Chain | $13.94M | $809.19M | $2.53M | — | — |
| 48 | Native Swap | Dexs | Multi-Chain | $21.19M | $740.97M | $4,553 | — | — |
| 49 | Flap sh | Launchpad | Multi-Chain | $16.64M | $695.41M | $1.48M | $14.23M | $10.77M |
| 50 | Pharaoh V3 | Dexs | Avalanche | $39.51M | $651.72M | $18.61M | $440,824 | $422,552 |
| 51 | THORChain DEX | Dexs | Multi-Chain | $31.36M | $646.51M | $53.26M | $939,392 | $108,167 |
| 52 | Metric V1 | Dexs | — | $36.27M | $636.65M | — | — | — |
| 53 | Hanji Protocol | Dexs | Multi-Chain | $20.95M | $601.39M | $1.16M | $59,680 | $59,680 |
| 54 | Pons V2 | Launchpad | — | $128.19M | $591.20M | — | $32.64M | $6.04M |
| 55 | Topaz CL | Dexs | Binance | $15.72M | $574.26M | $827,745 | $43,850 | $43,850 |
| 56 | Pendle | Yield | Multi-Chain | $9.09M | $535.84M | $1.23B | $650,500 | $639,765 |
| 57 | 1inch Aqua | Dexs | — | $15.20M | $520.96M | — | $45,606 | $8,464 |
| 58 | Velodrome V3 | Dexs | Multi-Chain | $18.13M | $490.35M | $23.82M | $236,387 | $224,699 |
| 59 | up v3 | Dexs | Robinhood Chain | $67.09M | $487.07M | $11.25M | $1.68M | $1.09M |
| 60 | ThalaSwap V3 | Dexs | Aptos | $3.19M | $468.56M | $1.31M | $48,280 | $14,291 |
| 61 | Hashflow | DEX Aggregator | Multi-Chain | $11.87M | $455.62M | $262,182 | — | — |
| 62 | Chainflip AMM | Dexs | Multi-Chain | $16.60M | $444.63M | $9.53M | $1.40M | $268,648 |
| 63 | Ondo Global Markets | RWA | Multi-Chain | $21.26M | $436.34M | $939.40M | — | — |
| 64 | nest CL | Dexs | Hyperliquid L1 | $10.13M | $426.07M | $17.74M | $456,925 | $456,925 |
| 65 | Terminal | Telegram Bot | — | $21.44M | $418.54M | — | $5.30M | $2.94M |
| 66 | Byreal | Dexs | Solana | $12.68M | $394.20M | $12.90M | $247,511 | $49,504 |
| 67 | Rhea Dex | Dexs | Near | $17.26M | $384.20M | $28.70M | $97,011 | $19,399 |
| 68 | Quickswap Dex | Dexs | Multi-Chain | $10.48M | $359.94M | $157.56M | $1.07M | $177,930 |
| 69 | Ring Swap | Dexs | Multi-Chain | $6.61M | $357.80M | $163.31 | $1.07M | $0.00 |
| 70 | OPINION | Prediction Market | Binance | $15.10M | $355.59M | $3.56M | $45,909 | $45,898 |
| 71 | DeepBook V3 | Dexs | Sui | $10.72M | $339.94M | $11.82M | $52,549 | $34,558 |
| 72 | 0x | DEX Aggregator | — | $32.90M | $329.11M | — | — | — |
| 73 | Cetus CLMM | Dexs | Multi-Chain | $11.57M | $323.28M | $23.62M | $413,534 | $82,708 |
| 74 | Figure Markets Exchange | OTC Marketplace | Provenance | $16.46M | $321.58M | $177.64M | $10,430 | $10,430 |
| 75 | pump.fun Mobile App | Interface | — | $17.90M | $313.73M | — | $5.81M | $2.81M |
| 76 | Aster Spot | Dexs | — | $8.24M | $312.15M | — | — | — |
| 77 | ElfomoFi | Dexs | Base | $16.21M | $305.79M | $1.20M | $16,349 | $8,272 |
| 78 | Sablier Lockup | Payments | Multi-Chain | $3.20M | $304.51M | $2.58M | — | — |
| 79 | Jupiter Lend DEX | Dexs | Solana | $27.02M | $264.03M | $8.83M | $1,328 | $166.77 |
| 80 | Lighter Spot | Dexs | — | $21.13M | $252.41M | — | $64,311 | $64,311 |
| 81 | HyperSwap V3 | Dexs | Hyperliquid L1 | $3.58M | $243.25M | $12.61M | $701,258 | $40,559 |
| 82 | GIGA V3 | Dexs | Robinhood Chain | $37.22M | $240.30M | $1.50M | $133,476 | $26,701 |
| 83 | Temple | Dexs | Canton | $7.38M | $239.16M | $6.05M | $42,736 | $42,736 |
| 84 | XRPL DEX | Dexs | Ripple | $4.70M | $232.59M | $36.56M | — | — |
| 85 | SushiSwap V3 | Dexs | Multi-Chain | $8.63M | $226.25M | $43.68M | $785,745 | $187,121 |
| 86 | Predict Fun | Prediction Market | Multi-Chain | $7.80M | $222.38M | $10.46M | $3.62M | $772,487 |
| 87 | Saphyre V3 | Dexs | Sei | $9.49M | $219.31M | $13.74M | $452,791 | $113,197 |
| 88 | AlphaSec Spot | Dexs | — | $7.39M | $215.18M | — | $122,979 | $122,977 |
| 89 | Angstrom | Dexs | Ethereum | $9.63M | $214.33M | $5.71M | $49,328 | $0.00 |
| 90 | LiquidCore | Dexs | Multi-Chain | $9.93M | $213.91M | $929,284 | $48,228 | $47,152 |
| 91 | Meteora Dynamic Bonding Curve | Launchpad | — | $12.20M | $206.47M | — | $885,608 | $159,656 |
| 92 | Aerodrome V1 | Dexs | Base | $7.74M | $200.97M | $112.72M | $982,218 | $624,642 |
| 93 | Arcus Spot | Dexs | — | $16.01M | $199.15M | — | — | — |
| 94 | Archer Exchange | Dexs | Solana | $14.39M | $189.59M | $773,697 | — | — |
| 95 | WOOFi Swap | Dexs | Multi-Chain | $8.27M | $188.25M | $2.99M | $11,852 | $10,771 |
| 96 | DODO AMM | Dexs | Multi-Chain | $13.25M | $178.24M | $12.37M | $166,731 | $33,341 |
| 97 | Meteora DAMM V2 | Dexs | Solana | $5.25M | $172.07M | $22.94M | $2.55M | $514,220 |
| 98 | Tokenlon AMM | Dexs | Ethereum | $10.00M | $170.23M | $444,891 | $286,591 | $286,591 |
| 99 | Lunarbase | Dexs | Multi-Chain | $972,661 | $167.46M | $143,212 | $16,338 | $0.00 |
| 100 | Maverick V2 | Dexs | Multi-Chain | $26.28M | $163.15M | $1.26M | $7,481 | — |
02
By chain
| Chain | Volume 24h | Volume 30d | Value locked | Fees 30d |
|---|