CoinGecko, one of the world’s largest cryptocurrency data aggregators, has listed the top decentralized exchanges by trading volume in the past 24 hours. These cryptocurrency exchanges collectively maintain a trading volume of $3.18 billion, with changes of 32.28% compared to the previous day, and also enjoy a decentralized finance (DeFi) dominance of 6.5%.
Here is the top list Decentralized Exchanges (DEXs) In terms of trading volume, percentage of market share in terms of volume, currencies and pairs. These cryptocurrency exchanges are Uniswap V4 (BSC), PancakeSwap V3 (BSC), PancakeSwap Infinity CLMM (BSC), Uniswap V4 (Ethereum), Aerodrome SlipStream, Uniswap V3 (Ethereum), Aerodrome Slipstream 3, Manifest, Orca, and AlphaX.
Uniswap V4 (BSC) tops the DEX rankings while PancakeSwap V3 takes second place
Uniswap V4 (BSC) tops the entire list of the top 10 decentralized exchanges by trading volume in the last 24 hours. Uniswap V4 (BSC) has a trading volume of $483,974,396 in the last 24 hours with a 15.2% market share by volume. PancakeSwap V3 (BSC) takes second place on this list with a trading volume of $227,233,459 and has 7.1% of the market share by volume.
Pancakeswap Infinity CLMM (BSC) and Uniswap V4 (Ethereum) occupy third and fourth places with trading volume of $175,359,959 and $168,856,929, respectively. Pancakeswap Infinity CLMM (BSC) and Uniswap V4 (Ethereum) have a tiny 0.2% equity spread with the market. Pancakeswap Infinity CLMM (BSC) and Uniswap V4 (Ethereum) have 5.5% and 5.3% market shares in terms of trading volume.
Aerodrome SlipStream secures fifth place in top DEX trading volume rankings
According to CoinGecko dataAerodrome SlipStream comes in fifth on the list of top decentralized exchanges in terms of trading volume and has a trading volume of $159,337,256 over the past 24 hours, with shares accounting for just 5% of the market. Uniswap V3 (Ethereum) and Aerodrome Slipstream 3 ranked sixth and seventh, respectively.
Uniswap V3 (Ethereum) and Aerodrome Slipstream 3 have a trading volume of $144,748,342 and $129,557,699 with a market share of 4.5% and 4.1%, respectively. Manifest is also among the top decentralized cryptocurrency exchanges, with a trading volume of $116,423,692 along with 3.7% of the shares in the market by volume.
Orca and AlphaX occupy the second and last place in the selected list of the best decentralized exchanges in terms of trading volume. Orca has a trading volume of $115,923,636 with a market share of 3.6% by volume. Last but not least, AlphaX decentralized cryptocurrency has a trading volume of $97,558,515 along with a market share of 3.1% in terms of trading volume.
