Ethereum DEX Soars with $16.43 Billion Trading Volume: Leading the DeFi Revolution

COINOTAG reported on April 2nd that data from DeFiLlama reveals a remarkable trading surge on the Ethereum network. Over the past 24 hours, decentralized exchanges (DEX) on Ethereum recorded a staggering $16.43 billion in trading volume, solidifying its position as the dominant player among all blockchain networks. Following Ethereum, Solana and BNB Chain demonstrated considerable activity, with respective trading volumes of $13.7 billion and $9.78 billion.

Within this vibrant DeFi landscape, the leading protocol by fees was Lido, amassing an impressive $1.45 million in fees during the same period. Other notable players included Sky, generating $950,000, AAVE with $710,000, and Uniswap, which collected $590,000. This robust activity underscores the growing significance of DeFi within the broader cryptocurrency ecosystem.