Solana

Raydium

DeFi

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<p><strong>Key Points</strong>:</p>   
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 <li><em><em>Solana DEX trading volume surpasses $5 billion daily for three days.</em></em></li>   
 <li><em>Raydium drives 60% of Solana DEX trading volume, showing dominance.</em></li> 
</ul>   
<h5 class="wp-block-heading">Solana DEX trading volume reached historic highs, exceeding $5 billion daily for three days. Raydium led the volume with 60%, driving weekly totals to $15.9 billion.</h5>   
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 <a href="https://coincu.com/wp-content/uploads/2024/11/telegram-cloud-photo-size-5-6174907042062515472-y.jpg"><img src="https://coincu.com/wp-content/uploads/2024/11/telegram-cloud-photo-size-5-6174907042062515472-y-1024x576.jpg" alt="Solana DEX Trading Volume Hits $5B Daily for Three Straight Days" class="wp-image-292073"></a>
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<h2 class="wp-block-heading" id="solana-dex-trading-volume-hits-record-levels">Solana DEX Trading Volume Hits Record Levels</h2>   
<p>This marks a new record because its DEX ecosystem has recorded more than $5 billion in daily trading volume for three consecutive days. According to <a href="https://defillama.com/dexs/chains/solana" target="_blank" rel="noreferrer noopener">DeFiLlama</a>, this record volume reflects Solana's rising importance to the DeFi ecosystem. Last week, from November 10 to 16, the recorded trading volume for Solana DEX was $15.898 billion, signaling the growth of interest and activity in its ecosystem.</p>   
<p>Raydium is the largest decentralized exchange for Solana and contributes nearly 60% of the trading volume in the network. As such, Raydium is the most dominant contributor within Solana DEX. Such a huge contribution by Raydium signals great demand from the consumer side, built on its liquidity and smoothness of trading. High trading volumes will thus signal growing confidence in Solana-based DeFi projects as the DEX ecosystem widens across the Solana blockchain.</p>   
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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Solana DEX Trading Volume Hits $5B Daily for Three Straight Days

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