News Explorer — Solana DEX Volume Again Surgest Past Ethereum Thanks go High-Profile Airdrops.

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Dec 26, 6:57 pm

Blockworks

Solana DEX Volume Again Surgest Past Ethereum Thanks go High-Profile Airdrops.

Solana's decentralized exchanges (DEXes) have experienced a significant increase in liquidity and volume following two large airdrops in the Solana DeFi ecosystem. In December, Solana's DEXes surpassed Ethereum's in terms of volume during certain periods, with a 26% increase in volume in the past week alone. However, Solana's liquid staking has slowed down during this period.

Solana's decentralized exchanges (DEXes) have experienced a significant increase in liquidity and volume following two large airdrops in the Solana DeFi ecosystem. In December, Solana's DEXes surpassed Ethereum's in terms of volume during certain periods, with a 26% increase in volume in the past week alone. However, Solana's liquid staking has slowed down during this period.

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