• bitcoinBitcoin (BTC) $ 119,809.00
  • ethereumEthereum (ETH) $ 2,993.11
  • xrpXRP (XRP) $ 2.92
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 688.39
  • solanaSolana (SOL) $ 162.99
  • usd-coinUSDC (USDC) $ 0.999902
  • dogecoinDogecoin (DOGE) $ 0.197796
  • tronTRON (TRX) $ 0.301682
  • staked-etherLido Staked Ether (STETH) $ 2,991.52
  • cardanoCardano (ADA) $ 0.730901
  • hyperliquidHyperliquid (HYPE) $ 46.73
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 119,418.00
  • stellarStellar (XLM) $ 0.452969
  • suiSui (SUI) $ 3.83
  • wrapped-stethWrapped stETH (WSTETH) $ 3,608.80
  • chainlinkChainlink (LINK) $ 15.73
  • hedera-hashgraphHedera (HBAR) $ 0.239046
  • bitcoin-cashBitcoin Cash (BCH) $ 503.68
  • avalanche-2Avalanche (AVAX) $ 21.20
  • leo-tokenLEO Token (LEO) $ 9.00
  • wrapped-eethWrapped eETH (WEETH) $ 3,200.35
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • the-open-networkToncoin (TON) $ 3.01
  • wethWETH (WETH) $ 2,987.99
  • litecoinLitecoin (LTC) $ 94.92
  • usdsUSDS (USDS) $ 0.999982
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • whitebitWhiteBIT Coin (WBT) $ 45.84
  • moneroMonero (XMR) $ 344.18
  • polkadotPolkadot (DOT) $ 3.94
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 119,691.00
  • uniswapUniswap (UNI) $ 9.06
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • bitget-tokenBitget Token (BGB) $ 4.44
  • pepePepe (PEPE) $ 0.000012
  • aaveAave (AAVE) $ 313.31
  • bittensorBittensor (TAO) $ 402.82
  • daiDai (DAI) $ 1.00
  • pi-networkPi Network (PI) $ 0.458813
  • crypto-com-chainCronos (CRO) $ 0.107117
  • aptosAptos (APT) $ 4.96
  • nearNEAR Protocol (NEAR) $ 2.57
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • internet-computerInternet Computer (ICP) $ 5.39
  • okbOKB (OKB) $ 48.11
  • jito-staked-solJito Staked SOL (JITOSOL) $ 198.14
  • ethereum-classicEthereum Classic (ETC) $ 18.51
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • ondo-financeOndo (ONDO) $ 0.894695
  • algorandAlgorand (ALGO) $ 0.282566
  • mantleMantle (MNT) $ 0.714016
  • kaspaKaspa (KAS) $ 0.084248
  • usd1-wlfiUSD1 (USD1) $ 0.999911
  • ethenaEthena (ENA) $ 0.337290
  • bonkBonk (BONK) $ 0.000027
  • vechainVeChain (VET) $ 0.024249
  • cosmosCosmos Hub (ATOM) $ 4.54
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.228952
  • arbitrumArbitrum (ARB) $ 0.403243
  • susdssUSDS (SUSDS) $ 1.06
  • fasttokenFasttoken (FTN) $ 4.51
  • render-tokenRender (RENDER) $ 3.72
  • gatechain-tokenGate (GT) $ 15.85
  • pump-funPump.fun (PUMP) $ 0.005188
  • official-trumpOfficial Trump (TRUMP) $ 9.34
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.710722
  • sei-networkSei (SEI) $ 0.329392
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,995.56
  • worldcoin-wldWorldcoin (WLD) $ 1.03
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.028158
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 119,778.00
  • filecoinFilecoin (FIL) $ 2.56
  • skySky (SKY) $ 0.077251
  • binance-staked-solBinance Staked SOL (BNSOL) $ 173.49
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.75
  • jupiter-exchange-solanaJupiter (JUP) $ 0.496830
  • kucoin-sharesKuCoin (KCS) $ 11.45
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.996968
  • usdtbUSDtb (USDTB) $ 0.999730
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,133.17
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,404.37
  • spx6900SPX6900 (SPX) $ 1.51
  • usdt0USDT0 (USDT0) $ 0.998924
  • celestiaCelestia (TIA) $ 1.87
  • nexoNEXO (NEXO) $ 1.31
  • fartcoinFartcoin (FARTCOIN) $ 1.31
  • xdce-crowd-saleXDC Network (XDC) $ 0.078953
  • story-2Story (IP) $ 4.32
  • blockstackStacks (STX) $ 0.781289
  • injective-protocolInjective (INJ) $ 12.24
  • flare-networksFlare (FLR) $ 0.017362
  • optimismOptimism (OP) $ 0.653007
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 119,711.00
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,200.85
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,139.62
  • sonic-3Sonic (S) $ 0.343464
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.68
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • dogwifcoindogwifhat (WIF) $ 1.01
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,145.33
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • immutable-xImmutable (IMX) $ 0.524715
  • curve-dao-tokenCurve DAO (CRV) $ 0.715762
  • the-graphThe Graph (GRT) $ 0.098658
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 119,319.00
  • pax-goldPAX Gold (PAXG) $ 3,355.38
  • clbtcclBTC (CLBTC) $ 120,955.00
  • flokiFLOKI (FLOKI) $ 0.000096
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • wbnbWrapped BNB (WBNB) $ 689.35
  • kaiaKaia (KAIA) $ 0.154575
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,233.51
  • paypal-usdPayPal USD (PYUSD) $ 0.999477
  • iotaIOTA (IOTA) $ 0.220253
  • vaultaVaulta (A) $ 0.543781
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 183.02
  • tokenize-xchangeTokenize Xchange (TKX) $ 10.39
  • tether-goldTether Gold (XAUT) $ 3,350.71
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.38
  • msolMarinade Staked SOL (MSOL) $ 213.25
  • theta-tokenTheta Network (THETA) $ 0.787654
  • jasmycoinJasmyCoin (JASMY) $ 0.015936
  • galaGALA (GALA) $ 0.016872
  • lido-daoLido DAO (LDO) $ 0.851960
  • raydiumRaydium (RAY) $ 2.81
  • the-sandboxThe Sandbox (SAND) $ 0.307013
  • ethereum-name-serviceEthereum Name Service (ENS) $ 22.37
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.75
  • memecoreMemeCore (M) $ 0.425189
  • ousgOUSG (OUSG) $ 111.77
  • aerodrome-financeAerodrome Finance (AERO) $ 0.820849
  • zcashZcash (ZEC) $ 42.82
  • bittorrentBitTorrent (BTT) $ 0.00000070
  • pyth-networkPyth Network (PYTH) $ 0.117132
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998397
  • super-oethSuper OETH (SUPEROETH) $ 2,990.00
  • saros-financeSaros (SAROS) $ 0.254766
  • tezosTezos (XTZ) $ 0.635095
  • jito-governance-tokenJito (JTO) $ 1.89
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,202.76
  • chain-2Onyxcoin (XCN) $ 0.019047
  • pendlePendle (PENDLE) $ 3.93
  • mog-coinMog Coin (MOG) $ 0.000002
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • wrapped-hypeWrapped HYPE (WHYPE) $ 46.77
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,144.22
  • tbtctBTC (TBTC) $ 119,551.00
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,990.04
  • flowFlow (FLOW) $ 0.384646
  • walrus-2Walrus (WAL) $ 0.431663
  • falcon-financeFalcon USD (USDF) $ 1.00
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 119,389.00
  • decentralandDecentraland (MANA) $ 0.308498
  • newton-projectAB (AB) $ 0.008725
  • usual-usdUsual USD (USD0) $ 0.997632
  • morphoMorpho (MORPHO) $ 1.80
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 119,658.00
  • heliumHelium (HNT) $ 2.98
  • coredaoorgCore (CORE) $ 0.547659
  • thorchainTHORChain (RUNE) $ 1.55
  • based-brettBrett (BRETT) $ 0.054019
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,988.02
  • usddUSDD (USDD) $ 1.00
  • bitcoin-svBitcoin SV (BSV) $ 26.25
  • staked-hypeStaked HYPE (STHYPE) $ 46.73
  • telcoinTelcoin (TEL) $ 0.005654
  • ripple-usdRipple USD (RLUSD) $ 0.999736
  • apecoinApeCoin (APE) $ 0.643620
  • conflux-tokenConflux (CFX) $ 0.099780
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.197743
  • build-onBUILDon (B) $ 0.508771
  • true-usdTrueUSD (TUSD) $ 0.997329
  • starknetStarknet (STRK) $ 0.136173
  • syrupMaple Finance (SYRUP) $ 0.454365
  • 1inch1inch (1INCH) $ 0.336900
  • stader-ethxStader ETHx (ETHX) $ 3,178.78
  • venomVenom (VENOM) $ 0.223461
  • kavaKava (KAVA) $ 0.428521
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007930
  • beldexBeldex (BDX) $ 0.064961
  • compound-governance-tokenCompound (COMP) $ 48.85
  • deepDeepBook (DEEP) $ 0.182772
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999903
  • dydx-chaindYdX (DYDX) $ 0.595963
  • aioz-networkAIOZ Network (AIOZ) $ 0.379073
  • neoNEO (NEO) $ 6.32
  • turboTurbo (TURBO) $ 0.006385
  • arweaveArweave (AR) $ 6.77
  • apenftAPENFT (NFT) $ 0.00000044
  • elrond-erd-2MultiversX (EGLD) $ 15.28
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,300.90
  • dexeDeXe (DEXE) $ 7.55
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004207
  • ecasheCash (XEC) $ 0.000021
  • ether-fiEther.fi (ETHFI) $ 1.12
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 119,294.00
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.31
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • usdbUSDB (USDB) $ 0.996998

2 decentralized exchanges for 2025 as DEX/CEX volume ratio reaches an all-time high

0 61

2 decentralized exchanges for 2025 as DEX/CEX volume ratio reaches an all-time high

Decentralized exchanges (DEX) are increasing their relevance on the cryptocurrency trading landscape, approaching the centralized platforms (CEX) in volume. In this context, Finbold selected three DEX projects to keep an eye for 2025.

As of January 7, the DEX/CEX volume ratio reached an all-time high, with over 20% of all crypto trading happening on decentralized exchanges. This data is from IntoTheBlock, shared on X by Hayden Adams, inventor of the Uniswap protocol, a leading decentralized exchange.

2 decentralized exchanges for 2025 as DEX/CEX volume ratio reaches an all-time high

Uniswap (UNI) as the leading DEX for the EVM ecosystem

Among the top projects to keep an eye for 2025, Uniswap (UNI) stands out as the leading decentralized exchange for the Ethereum Virtual Machine (EVM) ecosystem.

According to DefiLlama, Uniswap is also the biggest DEX in total value locked (TVL) among all ecosystems, with $6.11 billion. Its TVL has increased by 4% in the last seven days, despite the recent market crash, suggesting a healthy ecosystem.

In the last 24 hours, Uniswap has seen $3.275 billion in trading volume, collecting over $5 million in fees.

2 decentralized exchanges for 2025 as DEX/CEX volume ratio reaches an all-time high

Raydium as the trading heart on Solana

In second, there is Raydium (RAY), the trading heart giving life to Solana (SOL)’s decentralized finance ecosystem, especially memecoins. Solana got the spotlights in the past few years thanks to the memecoin boom, bringing demand and capital there.

Raydium is the most-used decentralized exchange by Solana traders who swap among the different utility tokens of the ecosystem, but also speculate on the active memecoin market, winning and losing huge sums of money.

With that, Solana’s leading DEX has $2.29 billion in TVL, up 8.66% in the last seven days. Raydium has generated over $2.79 billion in volume and $7.4 million in fees, in the last 24 hours.

2 decentralized exchanges for 2025 as DEX/CEX volume ratio reaches an all-time high

UNI and RAY price analysis

As of this writing, UNI is trading at $12.59 and RAY at $4.87, both experiencing losses. In the last seven days, UNI dropped 6.16% and RAY 1.74%, with the most significant losses happening in the last 24 hours.

While some traders see the market crash as a threat, losing over $630 million to liquidations, others believe it is an opportunity.

2 decentralized exchanges for 2025 as DEX/CEX volume ratio reaches an all-time high

With solid use cases and a growing DEX/CEX volume ratio, these decentralized exchanges could have strong long term fundamentals, that could lead them to shine in 2025, if demand continues increasing.

Nevertheless, the cryptocurrency industry is a dynamic environment, constantly changing and innovating. Uniswap and Raydium will need to keep improving in order to face the competition, that is only getting better with time, shaping the market’s future.

Featured image from Shutterstock

Source

Leave A Reply

Your email address will not be published.