Winner Takes most - as always (Patreon)

This cycle the clear winner is SOL. It has left ETH in the dust. SOL does 60% of Crypto DEX Vol while ETH has shriveled to only 12%. Last Cycle ETH was dominant.

What is also interesting is the top 5 chains make up 95% of DEX volume. The rest simply do not matter.

• 30-day total DEX volume across all chains = $744b ($24.8b/day).

• Solana had a 60% market share over the last 30 days. It averaged $14.8b of volume/day.

• Ethereum L1 has a 12% market share over the last 30 days. It averaged $2.9b

  of volume/day.

• BNB has an 11.5% market share over the last 30 days. It averaged $2.8b of volume/day.

• Base has a 7.3% market share over the last 30 days. It averaged $1.8b of volume/day.

• Arbitrum has a 4% market share over the last 30 days. It averaged $.98b of volume/day.