Live onchain market activity · By CoinNudge Research · Method reviewed 2026-09-10 · Guide updated 2026-09-12 · Live sources · Data observed at · Calculation defillama-chain-dex-volume-1.1 · Auto-refresh about every 3600 seconds
DEX trading volume by chain today
Current answer: As of , using DefiLlama DEX volume aggregations for twelve named chains: Solana leads the 12 displayed chains with $1.69B of rolling DEX spot volume and 39.98% of this named set. Its equal-period one-day change is -46.88%. Volume is repeated trading activity, not net capital inflow.
Live sources
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Current source-backed snapshot
This page compares rolling decentralized spot-trading volume across 12 named chains using DefiLlama's protocol aggregation. It shows current 24-hour and seven-day totals, change versus the preceding comparable period, share of the displayed chain set, tracked protocol count and each chain's leading DEX by 24-hour volume. DEX volume measures trading activity—not deposits, TVL, unique users or net capital flowing into a chain.
Input documentation: DefiLlama DEX metrics · DefiLlama API
Observation window: Rolling 24-hour and 7-day decentralized spot volume with prior-period comparisons
Calculation cadence: Auto-refresh about every 3600 seconds
Calculation version: defillama-chain-dex-volume-1.1
Download current dataset: JSON · CSV Raw values retain the dataset's published precision. Free fair-use limit: 60 requests per minute per IP, shared across all Research JSON and CSV endpoints.

| Chain | DEX volume / 24h | Change / 1d | DEX volume / 7d | Change / 7d | Tracked share | Leading DEX |
|---|---|---|---|---|---|---|
| Solana · 72 protocols with current volume | $1.69B | -46.88% | $19.13B | +26.73% | 39.98% | PumpSwap · $377.15M |
| BSC · 94 protocols with current volume | $789.84M | -41.19% | $10.76B | +23.65% | 18.67% | PancakeSwap AMM V3 · $275.20M |
| Ethereum · 77 protocols with current volume | $696.52M | -61.99% | $8.75B | -2.16% | 16.46% | 1inch Aqua · $245.19M |
| Base · 101 protocols with current volume | $489.40M | -62.22% | $6.76B | +17.14% | 11.57% | Uniswap V4 · $185.42M |
| Polygon · 74 protocols with current volume | $200.51M | -1.88% | $1.32B | +4.95% | 4.74% | Polymarket International · $90.87M |
| Hyperliquid L1 · 42 protocols with current volume | $179.54M | -44.18% | $2.09B | -16.78% | 4.24% | Hyperliquid Spot Orderbook · $101.29M |
| Arbitrum · 63 protocols with current volume | $68.62M | -78.28% | $1.21B | -5.79% | 1.62% | Uniswap V3 · $44.66M |
| Tron · 3 protocols with current volume | $47.67M | +3.06% | $302.16M | -7.16% | 1.13% | SUNSwap V3 · $45.28M |
| Avalanche · 48 protocols with current volume | $33.39M | -65.63% | $803.70M | +26.57% | 0.79% | Pharaoh V3 · $18.90M |
| Sui · 19 protocols with current volume | $15.14M | -60.82% | $282.76M | +14.48% | 0.36% | Cetus CLMM · $4.24M |
| Optimism · 25 protocols with current volume | $14.09M | -68.76% | $177.05M | -4.06% | 0.33% | Velodrome V3 · $6.80M |
| Aptos · 6 protocols with current volume | $4.58M | -18.98% | $69.13M | -12.46% | 0.11% | ThalaSwap V3 · $2.90M |
Current source health
- defillama dex volumes: live; last success 2026-09-13 15:36:02 UTC
This page follows DefiLlama's protocol and chain coverage and measures DEX spot volume, not deposits, TVL or net capital inflow. Tracked share is the share of the twelve displayed chains, not a universal all-chain denominator.
How to read this page
- Chains rank by current rolling 24-hour DEX spot volume.
- Share uses only the twelve displayed chains and is labeled tracked share.
- Period changes compare equal-length rolling windows.
- Volume is activity, not net funds entering a chain.
What can this page tell you quickly?
- Best for
- Seeing where decentralized spot-trading activity is concentrated today.
- Coverage
- Twelve named chains using one aggregation methodology.
- Ranking
- Highest current 24-hour DEX volume first.
- Do not infer
- High volume does not prove user growth, inflow or token appreciation.
Why does the DEX page use twelve named chains instead of an all-chain claim?
The selected set covers large general-purpose networks and several actively traded ecosystems while keeping each chain request, protocol breakdown and failure state auditable. CoinNudge does not label the sum as global DEX volume because DefiLlama tracks additional chains and adapters can differ in history or availability.
Tracked share is therefore calculated only inside the displayed set. If one chain response fails, the page exposes reduced coverage through its market count and freshness state rather than silently treating the missing chain as zero. Ranking a named comparison set provides a more precise answer than claiming universal coverage that the collector cannot prove.
| Field | Denominator or source | Useful question | Wrong interpretation |
|---|---|---|---|
| 24h volume | Chain's tracked DEX adapters | Where is current swap activity? | How much new money entered? |
| 1d change | Current versus preceding 24h | Did activity accelerate? | Will the native token rise? |
| Tracked share | Sum of 12 displayed chains | Where is this set concentrated? | Universal market share |
| Leading DEX | Largest returned protocol observation | Is activity concentrated? | Best execution venue |
How can protocol concentration change the meaning of chain volume?
A chain-wide increase supported by many protocols differs from a spike dominated by one venue or launch. The page shows both the count of protocols with positive current volume and the leading protocol's notional amount so readers can see whether the headline is broad or concentrated.
Even broad protocol participation can come from arbitrage, incentives or repeated turnover by the same capital. Bridge flows, active addresses, fees and stablecoin balances answer different questions and are not inferred here. A DEX-volume alert should name the rolling window and concentration evidence before a user investigates further.
What does DEX volume by chain actually measure?
The metric aggregates spot token swaps attributed to tracked DEX protocols on the named chain. It answers where notional trading activity occurred during the rolling window.
The same capital can trade several times and contribute volume repeatedly. A high number can reflect organic demand, arbitrage, volatility, incentives or concentrated professional activity; this page cannot distinguish all motives.
| Metric | Measures | Does not measure |
|---|---|---|
| DEX volume | Swap notional | Net capital inflow |
| Tracked share | Share of 12 displayed chains | Universal chain dominance |
| Protocol count | Positive-volume tracked protocols | Unique active applications |
| Leading DEX | Largest returned 24h protocol | Best venue for every trade |
Why compare equal rolling periods?
Current 24-hour activity is compared with the preceding 24 hours, and current seven-day activity with the preceding seven days. Using equal windows avoids comparing a partial day with a full week or presenting an arbitrary percentage.
A sharp one-day increase can come from a single launch or volatile session. Seven-day comparison helps show whether the activity persisted, without forecasting the next week.
Can rising DEX volume identify chain rotation?
It can identify changing activity concentration among the tracked chains. Stronger evidence requires breadth across several protocols and persistence beyond one hourly snapshot.
Token price, sector performance, bridge flows and stablecoin availability are separate datasets. CoinNudge does not rename a volume increase as money flowing into the chain.
What should a DEX activity alert explain?
A useful alert names the chain, rolling window, prior comparable value, change, tracked share and leading protocol. It should disclose if the move is concentrated in one DEX.
CoinNudge can surface material, persistent changes while suppressing routine hourly revisions. The observation is not a recommendation to buy the chain's native token.
How do I compare chain growth without confusing a new adapter with new trading activity?
Changes in protocol coverage can alter aggregated volume. Compare the constituent protocols and adapter definitions alongside equal-period totals before attributing all growth to user activity.
Reported chain volume can include repeated turnover and concentrated activity. A public aggregate does not provide wallet-level history.
- Save the chain list, protocol breakdown and source observation time.
- Recompute each displayed share using the same named-set denominator.
- Distinguish rolling DEX spot volume from bridge flows, net deposits and total blockchain transactions.
Verify: DefiLlama DEX metrics · DefiLlama API
What is measured, and what is not?
| Measured claim | Evidence on this page | Boundary |
|---|---|---|
| A named chain had stated rolling DEX activity. | DefiLlama chain-specific DEX aggregation. | Adapter coverage and revisions apply. |
| Activity changed versus an equal prior period. | 24h versus prior 24h; 7d versus prior 7d. | Change does not identify cause. |
| One protocol led the chain's tracked activity. | Largest positive returned 24h protocol. | It is not a quality or execution endorsement. |
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Method and data boundary
CoinNudge requests DefiLlama's chain-specific DEX overview for Ethereum, Solana, BSC, Base, Arbitrum, Hyperliquid L1, Sui, Avalanche, Polygon, Optimism, Tron and Aptos approximately hourly. One-day change equals (current 24-hour volume / prior 24-hour volume - 1) × 100; seven-day change equals (current seven-day volume / prior seven-day volume - 1) × 100. The public numerator and denominator therefore reproduce each displayed percentage. Tracked share divides each chain's 24-hour volume by the sum of these twelve displayed chains. The leading protocol is the largest positive 24-hour protocol observation returned inside that chain response.
Coverage and historical revisions follow DefiLlama's adapters and chain classifications. Tracked share is not all-chain dominance. DEX volume can include repeated trading by the same capital and does not measure bridge inflow, stablecoin supply, TVL, profit or organic users.
Sources and verification
- DefiLlama DEX metricsChain-specific DEX spot-volume aggregation and protocol breakdown.
- DefiLlama APIPublic dimension endpoints used for current rolling values.
Frequently asked questions
Which chains are covered?
Ethereum, Solana, BSC, Base, Arbitrum, Hyperliquid L1, Sui, Avalanche, Polygon, Optimism, Tron and Aptos.
Is DEX volume capital inflow?
No. It is swap activity and the same capital can trade repeatedly.
What is tracked share?
A chain's 24-hour volume divided by the sum of the twelve displayed chains.
Why can DefiLlama values be revised?
Protocol adapters and historical classifications can be corrected.
Does high DEX volume mean the native token rises?
No. Activity and token price are separate observations.
How often does this page update?
Approximately hourly, subject to source health.
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