Ethereum Dominates Decentralized Exchange Trading Volume at $16.43 Billion

Data reveals Ethereum has reclaimed its top spot in DEX trading volume, surpassing Solana and BNB Chain. Over the past 24 hours, Ethereum’s activity reached a staggering $16.43 billion in volume, according to DeFiLlama data. This surge highlights Ethereum’s continued market strength and resilience. Lido, an Ethereum protocol, is leading in fee generation, further cementing its position in this space. analysts at QCP Capital attribute this rise to strong DeFi participation and a recovery from Solana’s previous leadership.