Solana has emerged as the leader in decentralized exchange (DEX) trading volumes for 2025, consistently recording over $100 billion in monthly activity for six months. In December alone, Solana's DEX volume reached $100 billion, significantly outpacing Ethereum's $48 billion and BNB Chain's $58 billion. Key contributors to this surge include PumpSwap, which processed $14.8 billion, and HumidiFi, which recorded over $30 billion in monthly dark pool volumes.
The network's daily trading peaks surpassed $3 billion, further highlighting its dominance over competitors like Hyperliquid, which reported $8 billion in monthly volume. Additionally, Solana's ecosystem was bolstered by $7.75 billion in USDC minting by Circle in December, enhancing stablecoin liquidity for DEX trading pairs.
Solana Dominates 2025 DEX Volumes with $100 Billion Monthly Activity
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