Solana DEX Trading Soars Amid Market Volatility

Data from SolanaFloor and Defillama shows that Solana’s on-chain perpetual decentralized exchanges (DEX) reached a record breaking $4.49 billion in trading volume over the past 24 hours, a surge coinciding with market volatility. This activity was primarily driven by Jupiter, which experienced $2.34 billion in trading volume alone. Traders are swiftly adjusting their positions as the volatile market environment persists.