The decentralized trade fairs (DEX) witness a serious traction, with the total weekly trade volume that rises to $ 113.40 billion, and the change recorded climbing to a noticeable 12.62 percent.
Top #dentralalized exchanges per weekly trade volume
#Pancakeswap #uniswap #raydium #erodrome #curve #maverick #ldodo #camelot pic.twitter.com/jxdjnaiynnyny– Phoenix – Crypto News & Analytics (@pnxgrp) June 18, 2025
The latest report from Phoenix Group shows that the decentralized exchanges still take dominance about the centralized trade fairs (CEXS), and the DEX-to-Cex dominance accounts for 28.04%.
Pancakes WAP dominates the market with $ 65.13 billion in weekly volume
At the top of the Dex Leaderboard is pancake wap, with a stunning amount of seven -day trade volume for $ 65.13 billion. With a powerful total value locked (TVL) of 10.69 billion, Pancakeswap has become the leader in the trading platforms that traders must find to find good liquidity and rapid transactions on the Binance Smart Chain.
Behind pancake wap, but also the recording of impressive statistics, is Uniswap, the company -based company that pioneered in the use of automated market formation.
Uniswap has a trade volume of US $ 27.76 billion in seven days and a TVL of US $ 4.34 billion, and still has a high user activity despite expensive gas costs, making it an important important player on the Ethereum market.
Middle Dexs make their stamp: Raydium, Aerodrome and Curve
There are a number of medium -sized decentralized fairs that have a significant impact on the general market. Raydium is a Solana Rush, which has reached a seven -day volume of $ 7.21 billion and a TVL of $ 626.54 million.
Aerodrome, another rising platform, reported a weekly volume of $ 3.81 billion and has a TVL of $ 458.30 million. As a relatively recent startup, Aerodrome also wins fast traction in users, possibly due to the advanced liquidity stimuli and protocol mechanics. In the same week, Curve, specialized in Stablecoin exchanges and low slippering, had a volume of $ 1.45 billion and TVL of $ 182.63 million.
Emerging platforms: Maverick, LFJ, Dodo and Camelot show a steady growth
Maverick, one of the early movers of the decentralized fairs, managed to reach a volumes of $ 620 million in seven days, although TVL was a modest $ 24.38 million. Its performance is an indication of an effective model of capital use or a large volume of active users who are involved in trade in short -term tokens.
LFJ, a less famous platform, had a weekly volume and TVL of $ 579 million and $ 101.63 million respectively. Having such a high ratio volume to TVL is an indication of the overall potential activity of the user base or even the liquidity pools.
Dodo, whose trade volume is $ 457 million and TVL is $ 85.60 million, further develops the model that combines a hybrid order book and AMM. Dodo will continue to attract traders who are interested in narrow spreads and fewer slipping.
Finally, at the end of the list, Camelot was able to produce a trade volume of $ 344 million on a relatively small TVL of $ 49.30 million. It seems that the platform gradually finds its niche, perhaps on other chains or by listing new tokens.
Dex sector ripens as the institutional and retail acceptance increases
The increase in Dex volume and the share of the market is not just the retail trade. Large players in the institutions also venture into space due to increased regulation transparency, protocol improvement and improved infrastructure.
The decentralized segment of the stock markets is ready to grow with pancake swap and uniswap remain dominant, and Raydium, Aerodrome and Curve ensure that there is diversity in the ecosystem. Decentralized trade will probably become a nuclear part of the entire digital asset economy as Defi protocols become more effective and user-friendly.