Data: Ethereum chain's DEX trading volume reached 64.616 billion US dollars in March, surpassing Solana
According to CoinDesk, in March 2025, the total trading volume of Ethereum's decentralized exchange (DEX) reached $64.616 billion, surpassing Solana's $52.62 billion and returning to the top of the industry for the first time since September last year.
Affected by market downturns and a decline in memecoin popularity, on-chain DEX activity such as Raydium on Solana has significantly decreased. Despite Ethereum DEX's leading trading volume, ETH price fell more than 18% in March, a higher drop than SOL's 15.8%.
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