According to Mars Finance, DeFiLlama data shows that the trading volume of Solana-based decentralized exchanges (DEX) has dropped by more than 10% in the past week. In contrast, trading volumes on Ethereum, Base, and Sui blockchains have increased by about 12%, 11%, and 77%, respectively, in the same period. In terms of network transaction volume in US dollars over the past week, Ethereum leads with $16.5 billion. Solana's DEX activity ranks second at just over $11 billion, while DEX trading volume on Base totaled $5.4 billion in the same period. In terms of DEX total locked value (TVL), Ethereum is still ahead of Solana, with a TVL of more than $6.44 billion, compared to Solana's $1.74 billion.
In the past week, the trading volume of Solana ecosystem DEXs (decentralized exchanges) has decreased by more than 10%, while the trading volume of Ethereum DEXs has increased by 12%.
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