Solana just posted $4.15 billion in 24-hour decentralized exchange volume, claiming the top spot across all blockchain networks by a wide margin. BNB Chain, the nearest competitor, managed $1.28 billion.
The engines driving this volume are familiar names in the Solana ecosystem. Raydium and Orca continue to handle the lion’s share of trading activity on the network, serving as the primary liquidity hubs for everything from blue-chip tokens to the latest memecoin du jour.
Monthly DEX volumes on Solana have previously surpassed the $100 billion mark, a milestone the network first crossed toward the end of 2024.
Solana DEXs logged $1.52 billion in spot volume on July 10, exceeding Bybit’s $1.36 billion. That marked the eighth consecutive day that Solana’s decentralized venues surpassed the centralized exchange.
On a weekly basis, Solana captured the second position globally in spot trading volumes at approximately $12.25 billion in early July, trailing only Binance.
