Solana's decentralized exchange (DEX) trading volume is drawing attention in the blockchain industry by recording an all-time high.
DEXs based on Solana have surpassed $1 trillion in trading volume for 2025, which is significantly higher than the initially reported $900 billion.
According to Top Ledger data, Solana's actual DEX trading volume reached $1.0345 trillion. Solana co-founder Anatoly Yakovenko reacted with a surprised emoticon.
According to DeFi Llama, Solana currently occupies 26.12% of the global DEX market. This is slightly higher than Ethereum's 25.93% and ranks second after Binance Smart Chain (47.95%).
Looking at the trading volume of major Solana-based DEXs over the past 30 days, Raydium recorded $27.6 billion, Orca $19.7 billion, Meteora $18.5 billion, and Pump $16.1 billion.
In this way, the Solana ecosystem is establishing itself as a key platform for decentralized trading, going beyond being a simple alternative to Ethereum.
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