The chart attached highlights the top 15 decentralized exchanges (DEXs) ranked by their user numbers over the past 30 days. Here's a breakdown of the analysis:
🔗Raydium dominates the list with 90 million users, significantly ahead of the others.
🔗Uniswap follows with 13.9 million users, showing its popularity as a leading DEX.
🔗Jupiter and PancakeSwap take third and fourth places with 3.7 million and 757,000 users, respectively.
Among the DEXs on the TON (The Open Network) blockchain:
✌️StonFi ranks fifth with 430,000 users, suggesting a promising start on TON.
✌️DeDust, another TON-based DEX, holds the 13th spot with 171,000 users.
Both StonFi and DeDust show steady growth, indicating that they are likely in the early stages of adoption but have significant potential to capture a larger user base, especially with the rising interest in the TON ecosystem. The TON-based exchanges are gradually establishing their presence, suggesting optimism for future growth.
Which DEX is ranked fifth ?
