The DEX sector highlights a big growth within the case of weekly buying and selling quantity. As per Phoenix, a well-known crypto analytics agency, the highest decentralized exchanges when it comes to 7-day buying and selling quantity bear in mind Uniswap, PancakeSwap, ORCA, Aerodrome, Raydium, DODO, Curve, Camelot, and Thorchain. The analytics supplier took to its official social media account to share the listing of those distinguished DEXs.
TOP #DECENTRALIZED EXCHANGES BY WEEKLY TRADING VOLUME
#Uniswap #Pancakeswap #Orca #Aerodrome #Raydium #DODO #Curve #Camelot #ThorChain pic.twitter.com/5fvxLogn2f— PHOENIX – Crypto Information & Analytics (@pnxgrp) September 17, 2024
Uniswap Leads the DEX Sector with a 7-Day Quantity of $7.09B
As Phoenix factors out, Uniswap dominates the DEX market with a weekly buying and selling quantity of practically $7.09 billion. Along with this, it has a complete worth locked of practically $996.30 million. PancakeSwap takes the twond place within the listing with its 7-day quantity reaching $2.51 billion. Moreover, its TVL stands at $825.94 million.
Subsequently, ORCA occupies the threerd spot with a weekly buying and selling quantity of as much as $1.73B. Together with that, its TVL has touched $234.63M. The 4th place is secured by Aerodrome because it has a weekly buying and selling quantity of practically $1.67B. Furthermore, the full worth locked of Aerodrome has reached the $333.28M mark.
Whereas shifting on, the listing consists of Raydium within the 5th place as its 7-day buying and selling quantity stands at virtually $1.45B. The TVL of Raydium has reportedly reached $190.89M. DODO seizes the 6th place with a weekly quantity of roughly $1.29B and a TVL of $179.32M. Following that, the 7th place is taken by Curve because it sees $915M in its weekly buying and selling quantity together with a TVL of $126.09M.
Thorchain Bottoms the Checklist with $453M in Its Weekly Buying and selling Quantity
Camelot’s $558M in 7-day buying and selling quantity locations it within the 8th spot with its TVL touching $98.97M. The final entry within the listing of the highest DEXs based mostly on 7-day buying and selling quantity is Thorchain with a TVL of $75.27M and a weekly quantity of $453M.