According to TechFlow, on July 21, the second quarter report released by cryptocurrency data platform CoinGecko showed that the transaction volume of decentralized exchanges (DEX) in the second quarter reached 370.7 billion US dollars, a month-on-month increase of 15.7%. This growth is mainly attributed to the surge in Meme coin projects and a large number of airdrop activities. Uniswap continues to maintain its position as the top DEX, with a market share of 48% by the end of June 2024.
It is worth noting that Thruster in the Blast ecosystem performed well, with transaction volume increasing by 464.4% month-on-month to $6 billion, accounting for 3% of the market share. At the same time, benefiting from the Meme coin trading boom on the Base chain, Aerodrome's transaction volume surged by 297.4% to $5.9 billion, also accounting for 3% of the market share.
