The decentralized exchange Raydium in the Solana ecosystem performed brilliantly in November! According to a report by Messari, Raydium's monthly trading volume surpassed Uniswap, reaching approximately $30 billion, leading by up to 30%. 🎉
This marks the second month in a row that Raydium has outperformed Uniswap in monthly trading volume after October. The report indicates that the main driver of Raydium's growth is meme coin trading, which accounted for 65% of its total monthly trading volume in November, setting a new record. 📈
Raydium firmly holds over 60% of the daily DEX trading volume in the Solana ecosystem, demonstrating its significant position in the market. 🔍
This article provides us with interesting insights into the dynamics of the decentralized exchange market.