Mar 4, 9:58 pm
Decrypt
Solana Exchanges See Record Trading Volume of Over $11 Billion in One Week
Solana-based decentralized exchanges (DEXs) experienced a surge in trading volume, reaching an all-time high of over $11.19 billion in one week. Orca and Raydium were the top contributors to this frenzy, with $4.5 billion and $3.52 billion in trading volume, respectively. Despite the impressive trading volume, the total value locked (TVL) on Solana remains relatively low at just over $2.6 billion.