According to a report by Bitcoin.com News on January 5, after experiencing rapid growth in decentralized exchange (DEX) and perpetual contract trading volume last month, these decentralized finance (DeFi) platforms and protocols generated $52.81 billion in trading volume in the first four days of January 2025.
In the past 4 days, Uniswap and Hyperliquid dominated a trading volume of $52.81 billion, with Uniswap recording $9.48 billion and Hyperliquid reaching $10.75 billion. The trading volume below Uniswap is Raydium, which is a Solana-based protocol that generated $861 million in trading volume in the first 4 days of January 2025. Meanwhile, Jupiter, which does not use an order book, generated about $2.45 billion in trading volume over the past 4 days.
