• bitcoinBitcoin (BTC) $ 103,792.00
  • ethereumEthereum (ETH) $ 2,499.19
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.39
  • bnbBNB (BNB) $ 644.72
  • solanaSolana (SOL) $ 170.67
  • usd-coinUSDC (USDC) $ 0.999858
  • dogecoinDogecoin (DOGE) $ 0.222310
  • cardanoCardano (ADA) $ 0.754818
  • tronTRON (TRX) $ 0.272440
  • staked-etherLido Staked Ether (STETH) $ 2,497.24
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 103,857.00
  • suiSui (SUI) $ 3.82
  • wrapped-stethWrapped stETH (WSTETH) $ 3,002.56
  • chainlinkChainlink (LINK) $ 15.62
  • avalanche-2Avalanche (AVAX) $ 22.89
  • hyperliquidHyperliquid (HYPE) $ 26.78
  • stellarStellar (XLM) $ 0.289007
  • shiba-inuShiba Inu (SHIB) $ 0.000015
  • hedera-hashgraphHedera (HBAR) $ 0.193235
  • leo-tokenLEO Token (LEO) $ 8.71
  • bitcoin-cashBitcoin Cash (BCH) $ 398.71
  • the-open-networkToncoin (TON) $ 3.08
  • litecoinLitecoin (LTC) $ 98.13
  • polkadotPolkadot (DOT) $ 4.74
  • usdsUSDS (USDS) $ 0.999884
  • wethWETH (WETH) $ 2,501.19
  • moneroMonero (XMR) $ 341.36
  • bitget-tokenBitget Token (BGB) $ 5.20
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • wrapped-eethWrapped eETH (WEETH) $ 2,670.97
  • pepePepe (PEPE) $ 0.000013
  • pi-networkPi Network (PI) $ 0.728160
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 103,852.00
  • whitebitWhiteBIT Coin (WBT) $ 30.32
  • bittensorBittensor (TAO) $ 417.12
  • daiDai (DAI) $ 1.00
  • uniswapUniswap (UNI) $ 5.88
  • aaveAave (AAVE) $ 225.24
  • nearNEAR Protocol (NEAR) $ 2.75
  • aptosAptos (APT) $ 5.17
  • okbOKB (OKB) $ 53.12
  • jito-staked-solJito Staked SOL (JITOSOL) $ 205.26
  • crypto-com-chainCronos (CRO) $ 0.099148
  • ondo-financeOndo (ONDO) $ 0.929770
  • kaspaKaspa (KAS) $ 0.111422
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • tokenize-xchangeTokenize Xchange (TKX) $ 35.14
  • internet-computerInternet Computer (ICP) $ 5.21
  • ethereum-classicEthereum Classic (ETC) $ 18.34
  • gatechain-tokenGate (GT) $ 21.52
  • official-trumpOfficial Trump (TRUMP) $ 12.86
  • mantleMantle (MNT) $ 0.738675
  • vechainVeChain (VET) $ 0.028280
  • render-tokenRender (RENDER) $ 4.62
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.17
  • susdssUSDS (SUSDS) $ 1.05
  • ethenaEthena (ENA) $ 0.374293
  • cosmosCosmos Hub (ATOM) $ 4.82
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.237730
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 103,506.00
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.758869
  • algorandAlgorand (ALGO) $ 0.221768
  • filecoinFilecoin (FIL) $ 2.85
  • fasttokenFasttoken (FTN) $ 4.39
  • arbitrumArbitrum (ARB) $ 0.386010
  • celestiaCelestia (TIA) $ 2.65
  • worldcoin-wldWorldcoin (WLD) $ 1.13
  • sonic-3Sonic (prev. FTM) (S) $ 0.504518
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.55
  • bonkBonk (BONK) $ 0.000020
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,498.31
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997944
  • jupiter-exchange-solanaJupiter (JUP) $ 0.508334
  • makerMaker (MKR) $ 1,760.07
  • binance-staked-solBinance Staked SOL (BNSOL) $ 180.33
  • kucoin-sharesKuCoin (KCS) $ 11.55
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,625.96
  • quant-networkQuant (QNT) $ 94.32
  • story-2Story (IP) $ 4.77
  • blockstackStacks (STX) $ 0.863867
  • nexoNEXO (NEXO) $ 1.29
  • fartcoinFartcoin (FARTCOIN) $ 1.27
  • flare-networksFlare (FLR) $ 0.019261
  • sei-networkSei (SEI) $ 0.229750
  • eosEOS (EOS) $ 0.798798
  • immutable-xImmutable (IMX) $ 0.652899
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.82
  • optimismOptimism (OP) $ 0.706005
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,839.04
  • injective-protocolInjective (INJ) $ 12.00
  • xdce-crowd-saleXDC Network (XDC) $ 0.072497
  • usdt0USDT0 (USDT0) $ 1.00
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 103,770.00
  • the-graphThe Graph (GRT) $ 0.109615
  • dogwifcoindogwifhat (WIF) $ 1.01
  • flokiFLOKI (FLOKI) $ 0.000097
  • raydiumRaydium (RAY) $ 3.20
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,666.33
  • curve-dao-tokenCurve DAO (CRV) $ 0.681194
  • msolMarinade Staked SOL (MSOL) $ 220.39
  • wbnbWrapped BNB (WBNB) $ 645.32
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • paypal-usdPayPal USD (PYUSD) $ 0.999486
  • theta-tokenTheta Network (THETA) $ 0.890341
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 189.46
  • jasmycoinJasmyCoin (JASMY) $ 0.017858
  • galaGALA (GALA) $ 0.019223
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 103,764.00
  • lido-daoLido DAO (LDO) $ 0.919485
  • clbtcclBTC (CLBTC) $ 104,325.00
  • walrus-2Walrus (WAL) $ 0.643581
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.012717
  • coredaoorgCore (CORE) $ 0.793034
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • tether-goldTether Gold (XAUT) $ 3,207.01
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,626.21
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 103,111.00
  • iotaIOTA (IOTA) $ 0.223632
  • pax-goldPAX Gold (PAXG) $ 3,219.54
  • the-sandboxThe Sandbox (SAND) $ 0.308104
  • official-foOfficial FO (FO) $ 0.756678
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.23
  • heliumHelium (HNT) $ 4.04
  • based-brettBrett (BRETT) $ 0.074264
  • bittorrentBitTorrent (BTT) $ 0.00000074
  • dexeDeXe (DEXE) $ 12.80
  • ethereum-name-serviceEthereum Name Service (ENS) $ 21.85
  • bitcoin-svBitcoin SV (BSV) $ 35.90
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,614.73
  • kaiaKaia (KAIA) $ 0.117349
  • chain-2Onyxcoin (XCN) $ 0.020232
  • zcashZcash (ZEC) $ 40.82
  • flowFlow (FLOW) $ 0.410630
  • tezosTezos (XTZ) $ 0.618612
  • usual-usdUsual USD (USD0) $ 0.997444
  • pendlePendle (PENDLE) $ 3.97
  • thorchainTHORChain (RUNE) $ 1.83
  • jito-governance-tokenJito (JTO) $ 1.94
  • spx6900SPX6900 (SPX) $ 0.679094
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998479
  • decentralandDecentraland (MANA) $ 0.329647
  • polyhedra-networkPolyhedra Network (ZKJ) $ 2.08
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • ousgOUSG (OUSG) $ 111.09
  • pyth-networkPyth Network (PYTH) $ 0.156352
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.221964
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,494.09
  • grassGrass (GRASS) $ 2.01
  • super-oethSuper OETH (SUPEROETH) $ 2,494.64
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 0.999818
  • elrond-erd-2MultiversX (EGLD) $ 18.57
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 103,691.00
  • aerodrome-financeAerodrome Finance (AERO) $ 0.631752
  • aioz-networkAIOZ Network (AIOZ) $ 0.439400
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,658.97
  • apecoinApeCoin (APE) $ 0.642525
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,552.84
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008694
  • dydx-chaindYdX (DYDX) $ 0.640256
  • true-usdTrueUSD (TUSD) $ 0.998619
  • tbtctBTC (TBTC) $ 103,795.00
  • arweaveArweave (AR) $ 7.39
  • movementMovement (MOVE) $ 0.188994
  • axie-infinityAxie Infinity (AXS) $ 2.98
  • starknetStarknet (STRK) $ 0.152970
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,501.19
  • aethirAethir (ATH) $ 0.052381
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999803
  • telcoinTelcoin (TEL) $ 0.005117
  • beldexBeldex (BDX) $ 0.065141
  • neoNEO (NEO) $ 6.55
  • pumpbtcpumpBTC (PUMPBTC) $ 101,476.00
  • deepDeepBook (DEEP) $ 0.181065
  • ecasheCash (XEC) $ 0.000023
  • popcatPopcat (POPCAT) $ 0.457143
  • conflux-tokenConflux (CFX) $ 0.088326
  • kavaKava (KAVA) $ 0.412140
  • ketKet (KET) $ 0.444832
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  • apenftAPENFT (NFT) $ 0.00000044
  • roninRonin (RON) $ 0.659091
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,498.26
  • morphoMorpho (MORPHO) $ 1.59
  • chilizChiliz (CHZ) $ 0.043859
  • kaitoKAITO (KAITO) $ 1.75
  • mog-coinMog Coin (MOG) $ 0.000001
  • beam-2Beam (BEAM) $ 0.007935
  • ether-fiEther.fi (ETHFI) $ 1.28
  • saros-financeSaros (SAROS) $ 0.156823
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • plumePlume (PLUME) $ 0.175058
  • syrupMaple Finance (SYRUP) $ 0.376939
  • usdbUSDB (USDB) $ 0.987559
  • compound-governance-tokenCompound (COMP) $ 44.50
  • aave-usdc-sonicAave USDC (Sonic) (ASONUSDC) $ 0.999955
  • eigenlayerEigenlayer (EIGEN) $ 1.31
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.999985

Ethereum Reclaims No. 1 Spot as Leading DEX Chain for First Since September, Overtakes Solana

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Ethereum Reclaims No. 1 Spot as Leading DEX Chain for First Since September, Overtakes Solana

Last month, Ethereum reclaimed its title as the leading smart contract blockchain for decentralized exchange (DEX) trading, as the market swoon dampened activity on Solana, the go-to platform for memecoin traders.

Ethereum-based DEXes registered an industry-leading cumulative trading volume of $64.616 billion in March, beating Solana’s tally of $52.62 billion by 22%, according to data source DefiLama. That’s the first time since September that Ethereum topped the charts, pushing Solana to the number two spot.

Top blockchains by DEX trading volumes. (DefiLlama)

The change in leadership happened as the total crypto market capitalization fell 4.2% to $2.63 trillion, extending February’s 20% loss, as macroeconomic uncertainty and disappointment over the lack of fresh BTC purchases in the U.S. strategic reserve saw bitcoin slip below $80,000.

The bearish market sentiment dampened speculation across the broader landscape, especially within the memecoin sector, as reflected in the significant decline in activity on Raydium, the leading Solana-based DEX and a hotspot for meme trading in late 2024.

Throughout March, Raydium did not log a single day with trading volume exceeding $1 billion, highlighting a considerable decrease from its record-high of $13 billion on Jan. 18, DefiLlama data show.

Additionally, daily volume on the Solana-based memecoin launch pad averaged less than $100 million in March, down significantly from the peak of $390 million in mid-January. Activity on Solana-based DEXes peaked with the debut of President Donald Trump’s TRUMP token in January.

Meanwhile, Ethereum’s outperformance was driven by Uniswap, which achieved over $30 billion in trading volume, with Fluid taking the distant second spot with $9 billion in activity.

Still, Ethereum’s ether token fell over 18% to $1,822 in March, registering bigger losses than Solana’s SOL token, which fell by 15.8%, per data source TradingView and CoinDesk.

Per observers, ether’s inflationary tokenomics and the growing popularity of Layer 2 solutions, which supposedly siphon activity from the main chain, are responsible for ether’s poor performance.

Source

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