Solana Leads Blockchain DEX Volume for 34th Straight Week

Weekly decentralized exchange activity fell to September 2024 levels, but Solana remained the top blockchain by DEX volume, according to the source.

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Terms & Concepts
  • DEX: A decentralized exchange, a crypto trading platform that lets users swap tokens directly on a blockchain without a centralized intermediary.
  • DEX volume: The total value of trades processed on decentralized exchanges over a given period, often used to measure on-chain trading activity.
  • Solana: A blockchain network designed for high-speed and low-cost transactions, widely used for decentralized finance and token trading.