Solana DEX volume exceeded $28 billion in December.
The Solana decentralized exchange (DEX) ecosystem, which includes various platforms, contributed to the robust performance of the blockchain last month.
Raydium, a leading DEX on Solana, reported a weekly drop of 42.6%, with 24-hour volume of $224.1 million and seven-day volume of $2.4 billion. Despite the decline in weekly numbers, Raydium maintained its dominance, representing 41.1% of the total cumulative volume, reaching $53.6 billion.
Orca and Lifinity took second and third positions with weekly declines of 19.7% and 11.7% respectively. Orca recorded 24-hour volume of $209 million and seven-day volume of $2.6 billion, while Lifinity reported 24-hour volume of $47.1 million and seven-day volume of $824.2 million.
With a positive weekly change of 17.6%, Mango Markets showed a unique trend, posting 24-hour volume of $9.5 million and seven-day volume of $332.7 million. Drift, OpenBook, Crema Finance, Sabre, Penguin, Aldrin, Saros, Serum and Synthetify also played a role in Solana DEX's monthly growth.
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