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Raydium beats Uniswap in monthly DEX volumes again

Raydium beats Uniswap in monthly DEX volumes again

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Source: Coin Telegraph

Solana-native Raydium beat Uniswap in decentralized exchange trading volumes in October and November, according to Messari.

Decentralized exchange (DEX) Raydium has surpassed Uniswap in monthly volumes for the second month in a row, according to a Dec. 10 Messari report. 

In November, Solana native Raydium beat Uniswap — generally the most popular DEX — in monthly volumes by roughly 30%, or approximately $30 billion, according to the Messari report. 

This followed a narrower win in October, when Raydium outperformed Uniswap by approximately 10%, according to a Nov. 17 post on the X platform by Ryan Watkins, co-founder of Syncracy Capital. 

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Author: Alex O’Donnell