The Decentralized Alternate (DEX) sector stays a major share within the international cryptocurrency market. Current information reveals that Dex’s are flourishing regardless of market fluctuations, the place pancakes retain his dominance as a pacesetter within the weekly commerce quantity. From March 21, 2025, the entire weekly commerce quantity for decentralized gala’s was a strong $ 45.37 billion. Nevertheless, the sector has seen a lower of 26.56% within the quantity in comparison with the earlier week. Though the figures point out a slight lower, DEX’s centralized exchanges (CEXS) proceed to exceed, with a market share of 25.54%.
High #dentralalized exchanges per weekly commerce quantity
#Pancakeswap #uniswap #raydium #orca #curve #erodrome #cetus #hyperliquid #camelot pic.twitter.com/sxzilvpt8s– Phoenix – Crypto Information & Analytics (@PNXGRP) March 21, 2025
In keeping with the Phoenix Group, Pancakeswap continues to steer the decentralized trade area, with a powerful weekly commerce quantity of $ 14.16 billion. The inventory market has locked a complete worth (TVL) of $ 1.98 billion, with its substantial place within the ecosystem. The dominance of Pancakeswap might be attributed to the person -friendly interface, deep liquidity swimming pools and strong assist for a variety of tokens. Regardless of the general decline available in the market, Pancakeswap has proved resilient, in order that the substantial market share and robust buying and selling actions are maintained.
Uniswap, raydium, orca, curve: dex leaders
Uniswap follows the foot behind pancake wap and protects second place within the rating. The platform registered a weekly commerce quantity of $ 8.61 billion, with a TVL of $ 1.50 billion. The place of uniswap available in the market is supported by its deep liquidity and constant innovation within the decentralized monetary area (Defi). The person base of the Alternate stays loyal, the place his progressive token change mechanism is a vital function that floats its quantity. Though Uniswap has had a slight lower within the quantity in comparison with earlier weeks, the place because the market chief continues to be secure, the place many merchants rely upon his stability.
Raydium, ORCA and Curve observe within the rating, every of which demonstrates exceptional buying and selling actions regardless of the overall fall available in the market. Raydium, with a weekly commerce quantity of $ 2.70 billion and a TVL of $ 346.26 million, continues to function an important liquidity supply on the Solana Blockchain. Orca and Curve additionally play important roles in Defi, with commerce volumes of $ 2.09 billion and $ 1.42 billion respectively. Curve’s progressive algorithmic stablecoin -pools and the concentrate on Stablecoin commerce have obtained a stable supporter, whereas Orca advantages from its easy interface and liquidity optimization.
Aerodrome, Cetus, Hyperliquid, Camelot: Rising Stars
Aerodrome and CETUs symbolize the brand new Gulf of Dex’s that get a grip rapidly. Aerodrome recorded a commerce quantity of $ 1.26 billion with a TVL of $ 190.29 million. Cetus, a comparatively new participant, positioned a commerce quantity of $ 615 million and a TVL of $ 101.15 million. These platforms are more and more seen as dependable alternate options for merchants searching for range of their decentralized trade choices. Aerodrome’s concentrate on cross-chain liquidity and the aggressive prices of CETUS have contributed to their rising recognition.
Hyperliquid and Camelot are additionally gaining energy, with commerce volumes of $ 588 million and $ 587 million respectively. Though smaller than the main platforms, these exchanges profit from particular niches throughout the Defi Ecosystem. Hyperliquid’s concentrate on high-frequency commerce and Camelot’s community-driven method to governance helps them to strengthen distinctive positions within the Dex panorama. Because the Defi area continues to evolve, these platforms can play increasingly outstanding roles in shaping the way forward for decentralized funds.