Solana Leads On-Chain DEX Volume as Total DEX TVL Dips to $952.29B, DeFiLlama Data Shows

According to DeFiLlama data published on November 16, the Total Value Locked (TVL) across all DEXs in the past week stood at $952.29 billion, a decline of about 21.6% from last week’s $1,215.32 billion and roughly 44.3% below this year’s all-time high of $1,711.04 billion.

Weekly on-chain DEX trading volume was led by Solana with $238.15 billion, followed by BNB Chain at $225.61 billion, and Ethereum at $168.29 billion.