The decentralized change (DEX) market has lately seen vital adjustments in weekly buying and selling volumes. As of October 23, 2025, the full weekly buying and selling quantity of high decentralized exchanges reached $86.18 billion. Regardless of this massive quantity, a notable lower of roughly 29.99% in weekly buying and selling quantity was noticed.
#High weekly buying and selling quantity of decentralized exchanges
#Uniswap #PancakeSwap #Meteora #Airfield #Radium #Orca #Curve #Hyperliquid #Sushi pic.twitter.com/Dy4YRVLFFf— Phoenix – Crypto Information and Evaluation (@pnxgrp) October 23, 2025
Such a decline is indicative of a extra normal pattern within the DEX market, which might be influenced by a wide range of elements, together with market sentiment, regulatory adjustments, and technological adjustments within the decentralized finance (DeFi) trade.
Uniswap leads with most buying and selling quantity
Uniswap, a big decentralized change when it comes to buying and selling quantity, continues to dominate with 39.7 billion buying and selling volumes over the previous seven days. Nonetheless, amid the general market downturn, energetic buying and selling on Uniswap exhibits that Uniswap stays the most well-liked DEX. Whole Worth Locked (TVL) was $5.44 billion, as soon as once more establishing its place available in the market.
The liquidity and buying and selling pairs out there on Uniswap have attracted a variety of customers and are the inspiration of the decentralized monetary ecosystem. Using exchanges is solidified by the truth that totally different protocols are built-in, facilitating excessive liquidity and 24-hour buying and selling. Subsequently, regardless of the fluctuations, Uniswap stays a powerful participant within the trade, and its lead is prone to proceed regardless of the decline in complete weekly buying and selling quantity.
PancakeSwap and different exchanges preserve presence
PancakeSwap had the second-highest buying and selling quantity over the previous week with $17.71 billion. PancakeSwap has a TVL of $2.63 billion and stays the main platform, having fun with low pricing and excessive throughput. PancakeSwap, one of many largest exchanges on Binance Good Chain, attracts a number of customers who need to change to an Ethereum change. The soundness of an change, even when buying and selling volumes decline, is an indicator of its massive consumer base and relevance within the decentralized change market.
Different outstanding exchanges on the listing embrace Meteor and Aerodrome, with buying and selling volumes of $8.01 billion and $4.92 billion, respectively. TVL was additionally good, with $1.08 billion and $825.45 million for Meteor and Aerodrome, respectively. These trades show that the DeFi house is continually altering in its variety and being outsourced by new platforms. It’s steadily being changed available in the market.
Raydium, Orca, Curve, Hyperliquid, and Sushi additionally occupy the highest exchanges, however buying and selling exercise and TVL ranges fluctuate, which means the market is aggressive and quicker somewhat than slower. A living proof: Curve, which makes a speciality of decentralized buying and selling of stablecoins, recorded a buying and selling quantity of $2.4 billion.
