Market Overview of DEXs by Weekly Volume

The decentralized exchange (DEX) sector continues to handle a main fragment of the worldwide cryptocurrency market. Most popular data unearths that DEXs are thriving despite market fluctuations, with PancakeSwap affirming its dominance because the chief in weekly trading quantity. As of March 21, 2025, the final weekly trading quantity for decentralized exchanges stood at a sturdy $Forty five.37 billion. Nonetheless, the sphere has considered a 26.56% decrease in quantity in contrast with the earlier week. While the numbers display cowl a runt decline, DEXs proceed to outpace centralized exchanges (CEXs), holding a 25.54% market fragment.

In step with the Phoenix Group,PancakeSwap continues to manual the decentralized exchange dwelling, with an spectacular weekly trading quantity of $14.16 billion. The exchange boasts a Total Designate Locked (TVL) of $1.98 billion, showcasing its mountainous intention in the ecosystem. PancakeSwap’s dominance can even be attributed to its user-friendly interface, deep liquidity pools, and tough strengthen for a vast array of tokens. In spite of the final downturn out there, PancakeSwap has confirmed resilient, affirming its mountainous market fragment and sturdy trading grunt.

Uniswap, Raydium, Orca, Curve: DEX Leaders

Uniswap follows closely in the reduction of PancakeSwap, securing the second affirm in the rankings. The platform recorded a weekly trading quantity of $8.61 billion, with a TVL of $1.50 billion. Uniswap’s space out there would possibly be supported by its deep liquidity and constant innovation in the decentralized finance (DeFi) dwelling. The exchange’s user wretched remains trusty, with its innovative token swapping mechanism being a key feature that drives its quantity. While Uniswap has confronted a runt decline in quantity in contrast with earlier weeks, its intention as a market chief is peaceable accurate, with many merchants relying on its stability.

Raydium, Orca, and Curve apply in the rankings, every demonstrating indispensable trading grunt despite the final decline out there. Raydium, with a weekly trading quantity of $2.70 billion and a TVL of $346.26 million, continues to abet as an considerable liquidity source on the Solana blockchain. Orca and Curve furthermore play crucial roles in DeFi, with trading volumes of $2.09 billion and $1.42 billion, respectively. Curve’s innovative algorithmic stablecoin pools and its level of interest on stablecoin trading has garnered it a accurate following, while Orca advantages from its uncomplicated interface and liquidity optimization.

Aerodrome, Cetus, Hyperliquid, Camelot: Rising Stars

Aerodrome and Cetus snort the recent wave of DEXs which would be immediate gaining traction. Aerodrome recorded a trading quantity of $1.26 billion with a TVL of $190.29 million. Cetus, a beautiful recent player, posted a trading quantity of $615 million and a TVL of $101.15 million. These platforms are increasingly more being considered as unswerving selections for merchants seeking out vary in their decentralized exchange concepts. Aerodrome’s level of interest on notorious-chain liquidity and Cetus’s competitive prices appreciate contributed to their rising reputation.

Hyperliquid and Camelot are furthermore gaining momentum, with trading volumes of $588 million and $587 million, respectively. While smaller than the main platforms, these exchanges are capitalizing on particular niches within the DeFi ecosystem. Hyperliquid’s level of interest on high-frequency trading and Camelot’s neighborhood-pushed capability to governance are serving to them reduce out queer positions in the DEX landscape. As the DeFi dwelling continues to adapt, these platforms would possibly maybe play increasingly more prominent roles in shaping the contrivance in which ahead for decentralized finance.