Solana has conquered 50% of the market share of the decentralized Alternate (DEX), pushed by buying and selling actions and low transaction prices, in line with the OKX State or DEXS 2025 report.
“The DEX progress route that we’ve seen prior to now yr is one thing that I count on to remain in 2025. Solana (with 48% of the entire DEX quantity) and Solana Meme cash have stimulated plenty of this progress,” ” stated Jason Lau, Chief Innovation Officer at OKX.
He identified the growing mixing of guardianship and on-chain experiences as an essential engine for a wider DEX adoption.
Solana’s Retail-first Focus distinguishes it, with low prices, quick transactions speeds and a sturdy ecosystem from platforms that appeal to on a regular basis merchants.
Jupiter, a DEX aggregator who’s liable for 70% of Solana’s transaction quantity, and Raydium, a number one liquidity supplier, have been essential in feeding this progress.
Jason Lau famous that the dominance of Solana in Dex and Meme Coin Buying and selling comes from his sturdy ecosystem of Token launch platforms and aggressive Dex’s, with three of the highest 5 on Solana.
Nonetheless, he identified that Ethereum maintains a lead within the liquidity depth, with 10 of the highest 20 world liquidity pool spots in comparison with Solana’s 1.
Lau added that because the market evolves, these numerous strengths will decide how commerce use outings develop.
The report additionally offers with challenges and improvements inside the DEX ecosystem.
Liquidity fragmentation stays an pressing subject, however platforms comparable to Polygon’s Agglayer and the DEX aggregator of OKX need to consolidate liquidity on chains.
Jason Lau defined that “aggregators comparable to Jupiter, who orders 70% of the aggregator quantity on Solana, exhibits how environment friendly routing and effectively -considered design can successfully consolidate fragmented liquidity and stimulate the acceptance of customers.”
Likewise, the OKX DEX -Aaggregator performs an important function in streamlining entry to liquidity over greater than 30 chains, which additional tackles the fragmentation within the Defi -Ecosystem, Lau added.
Efforts comparable to OP’s Superchain Ecosystem and Polygon’s Agglayer additionally enhance the interoperability and fluidity of liquidity.
These developments point out a shift to a extra interconnected and superior defi panorama.
The report additionally investigated the rise of recent app-specific chains, the place platforms comparable to hyperliquid and Dydx used these architectures to enhance effectivity and velocity.
On the identical time, AI instruments comparable to AIXBT and Elizaos are relocating the boundaries of liquidity administration and commerce automation, in order that the ecosystem is additional reworked.
Lau famous that AI in Defi, though nonetheless at an early stage, has the potential to supply superior knowledge evaluation and to allow automated determination -making, which considerably improves effectivity within the ecosystem.
The OKX state of DEXS 2025 report additionally investigates the broader dynamics that the decentralized change ecosystem shall.
It emphasizes the continual evolution of interoperability of the cross-chain, with improvements comparable to Layerzero’s LZRead that makes real-time cross-chain knowledge queries potential with out activating States modifications.
The report emphasizes a geographical shift in developer exercise, through which Asia now surpasses North -America because the main area for blockchain innovation, which contributes 32% of the energetic builders.
Furthermore, it underlines the reworking potential of AI in Defi, not just for liquidity administration, but in addition for making utterly new stimulation fashions by way of Tokenized AI protocols.