[Uniswap received 4 million visits last month, leading DEX traffic]
Uniswap Raydium has become the No. 1 decentralized exchange (DEX) platform in website traffic with 4 million website visits in the past month, showing a significant increase in user engagement.
Following closely behind is PancakeSwap with 1.3 million monthly traffics. As the most popular DEX on Binance Smart Chain (BSC), this platform is popular for its fast transaction speed and lower handling fees than the Ethereum platform.
SushiSwap recorded 707,000 visits during the same period, attracting users by providing multiple functions such as yield farming and staking. 1inch has been visited 494,000 times and is popular for its ability to aggregate multiple DEXs to provide the best trading prices. Osmosis, which focuses on the Cosmos ecosystem, recorded 249,000 visits and has become an important part of the Cosmos network with its cross-chain transaction function.
Other active DEXs include LFJ (178,000 visits) and Quickswap (162,000 visits), the latter popular for its low-cost and high-speed trading based on Polygon. Balancer ranked fifth with 123,000 visits, mainly providing liquidity pool creation services.
In summary, Uniswap Raydium leads PancakeSwap and SushiSwap to become the DEX platform with the highest traffic, reflecting the further growth of DeFi’s global adoption.