Solana recorded $3.06 billion in spot decentralized-exchange volume on October 3, exceeding the combined volume of Ethereum mainnet, all Ethereum layer-2 networks and Hyperliquid, according to Blockworks Research data shared by SolanaFloor on October 4. Blockworks also measured $4.51 billion in Solana DEX liquidity. The result follows Solana’s capture of more than 36% of global spot DEX volume in the first half of 2026, nearly twice Ethereum’s share, despite representing about 9.5% of the smart-contract blockchain market capitalization covered by 21Shares. DefiLlama recorded about $78 billion in Solana DEX volume over 30 days, compared with roughly $42 billion for Ethereum, although the providers use different methodologies. Solana’s trading mix also shifted as memecoins declined to 16% of spot volume from 40% a year earlier, while stablecoin swaps rose to 19% from 6%. The network ranked second behind Binance in median weekly spot volume among measured venues during 2026, but its DEX volume remained below 1% of Nasdaq or NYSE dollar volume. Solana processed about 208 million weekly spot DEX trades, compared with roughly 189 million NYSE transactions in a separate comparison.