Uniswap Dominates DEX Market with $7.09B in Weekly Trading Volume

The DEX sector highlights a significant development in the case of weekly trading volume. As per Phoenix, a famous crypto analytics firm, the top decentralized exchanges in terms of 7-day trading volume take into account Uniswap, PancakeSwap, ORCA, Aerodrome, Raydium, DODO, Curve, Camelot, and Thorchain. The analytics provider took to its official social media account to share the list of these prominent DEXs.

Uniswap Leads the DEX Sector with a 7-Day Volume of $7.09B

As Phoenix points out, Uniswap dominates the DEX market with a weekly trading volume of nearly $7.09 billion. In addition to this, it has a total value locked of nearly $996.30 million. PancakeSwap takes the 2^nd position in the list with its 7-day volume reaching $2.51 billion. Additionally, its TVL stands at $825.94 million.

Subsequently, ORCA occupies the 3^rd spot with a weekly trading volume of up to $1.73B. Along with that, its TVL has touched $234.63M. The 4^th place is secured by Aerodrome as it has a weekly trading volume of nearly $1.67B. Moreover, the total value locked of Aerodrome has reached the $333.28M mark.

While moving on, the list includes Raydium in the 5^th position as its 7-day trading volume stands at almost $1.45B. The TVL of Raydium has reportedly reached $190.89M. DODO seizes the 6^th place with a weekly volume of approximately $1.29B and a TVL of $179.32M. Following that, the 7^th place is taken by Curve as it sees $915M in its weekly trading volume along with a TVL of $126.09M.

Thorchain Bottoms the List with $453M in Its Weekly Trading Volume

Camelot’s $558M in 7-day trading volume places it in the 8^th spot with its TVL touching $98.97M. The last entry in the list of the top DEXs based on 7-day trading volume is Thorchain with a TVL of $75.27M and a weekly volume of $453M.