{"id":20898,"date":"2025-02-04T16:36:21","date_gmt":"2025-02-04T14:36:21","guid":{"rendered":"https:\/\/forklog.com\/en\/raydium-surpasses-uniswap-in-trading-volume-once-again\/"},"modified":"2025-02-04T16:36:21","modified_gmt":"2025-02-04T14:36:21","slug":"raydium-surpasses-uniswap-in-trading-volume-once-again","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/raydium-surpasses-uniswap-in-trading-volume-once-again\/","title":{"rendered":"Raydium Surpasses Uniswap in Trading Volume Once Again"},"content":{"rendered":"

In January, the monthly trading volume on the decentralized Solana-based exchange Raydium exceeded that of the Ethereum-based Uniswap, which traditionally leads the DEX rankings.<\/p>\n

\"Raydium
Monthly trading volume distribution among DEXs. Data: The Block<\/a>.<\/figcaption><\/figure>\n

Raydium’s turnover reached $124 billion, accounting for 27.11% of the segment’s total, while Uniswap recorded $100 billion or 21.96%. In December 2024, the figures were 18.8% and 34.5%, respectively. <\/p>\n

The surge in activity on Raydium is primarily attributed to the hype surrounding several meme coins, including the TRUMP<\/a> and MELANIA<\/a> tokens. Uniswap’s share decreased amid disappointment<\/a> within parts of the community over actions by the Ethereum Foundation. <\/p>\n

According to Messari, the leading Solana exchange became the leader<\/a> among all DEXs back in October 2024, maintaining its position in November. In December, Uniswap regained the top spot.<\/p>\n

January 2025 also marked a record for total trading volume on decentralized platforms, reaching $564.56 billion.<\/p>\n

Solana emerged as the leading blockchain with a turnover of $258.74 billion, or 45.83% of the total. The Ethereum ecosystem ranked second with $86.1 billion.<\/p>\n

According to DeFi Llama<\/a>, during a recent major correction, the daily trading volume on decentralized platforms within the Ethereum ecosystem hit a 10-month high of $8.48 billion, with 65.78% attributed to Uniswap. Solana’s total for the same day was $9.56 billion.<\/p>\n

In January, the Uniswap Labs team released<\/a> an update to the Uniswap v4 protocol.<\/p>\n","protected":false},"excerpt":{"rendered":"

In January, the monthly trading volume on the decentralized Solana-based exchange Raydium exceeded that of the Ethereum-based Uniswap, which traditionally leads the DEX rankings. Monthly trading volume distribution among DEXs. Data: The Block. Raydium’s turnover reached $124 billion, accounting for 27.11% of the segment’s total, while Uniswap recorded $100 billion or 21.96%. In December 2024, […]<\/p>\n","protected":false},"author":1,"featured_media":20897,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[787,46,1159,958,1391],"class_list":["post-20898","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-dex","tag-ethereum","tag-solana-sol","tag-trading-volume","tag-uniswap-uni"],"aioseo_notices":[],"amp_enabled":true,"views":"60","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20898","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=20898"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20898\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/20897"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=20898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=20898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=20898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}