Solana DEX trading volume exceeded $28 billion in December
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In December, the total trading volume of decentralized exchanges on the Solana blockchain reached $28 billion.
The Solana decentralized exchange (DEX) ecosystem consists of various platforms, Contributed Blockchain has had a strong performance over the past month.
RydiaThe leading DEX on Solana had a weekly decline of 42.6%, with a 24-hour trading volume of $224.1 million and a seven-day trading volume of $2.4 billion. Despite the decline in weekly performance, Raydium maintained its dominance, accounting for 41.1% of cumulative trading volume, reaching $53.6 billion.
Killer Whale and vitality Ranking second and third, the weekly declines were 19.7% and 11.7% respectively. Orca’s 24-hour trading volume was $209 million and its seven-day trading volume was $2.6 billion, while Lifinity’s 24-hour trading volume was $47.1 million and its seven-day trading volume was $824.2 million.
Positive weekly change of 17.6%, mango market Showing a unique trend, the 24-hour trading volume is $9.5 million and the 7-day trading volume is $332.7 million. Drift, OpenBook, Crema Finance, Sabre, Penguin, Aldrin, Saros, Serum, and Synthetify also played a role in Solana DEX’s monthly gain.