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Solana DEX volume breaks $28b in December

In December, decentralized exchanges on the Solana blockchain collectively achieved $28 billion in total volume . The Solana decentralized exchange (DEX) ecosystem, comprising various platforms, contributed to the blockchain’s robust performance in the past month. BREAKING: @solana DECEMBER DEX VOLUME BREAKS $28 BILLION pic.twitter.com/TaxfKkdxRL — DEGEN NEWS ️ (@DegenerateNews) January 1, 2024 You might also like: Solana’s road to next all-time high: analyst explains Raydium, the leading DEX on Solana, reported a weekly decline of 42.6%, with a 24-hour volume of $224.1 million and a seven-day volume of $2.4 billion. Despite a dip in weekly performance, Raydium maintained its dominance, representing 41.1% of the total cumulative volume , reaching $53.6 billion. Orca and Lifinity secured the second and third positions, with weekly dips of 19.7% and 11.7%, respectively. Orca recorded a 24-hour volume of $209 million and a seven-day volume of $2.6 billion, w...