DeFi landscape shifts as Solana dethrones Ethereum in trading volume
DeFi landscape shifts as Solana dethrones Ethereum in trading volume Andjela Radmilac · 8 months ago · 4 min read Solana leads the DeFi market with robust activity, overshadowing Ethereum's longstanding dominance. 4 min readUpdated: May. 13, 2024 at 3:59 pm UTC Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.Identifying trends in DeFi requires analyzing activity on decentralized exchanges (DEXs). These DEXs are the cornerstone of the DeFi market, at the center of DeFi activity, and the main driving force of the sector. To understand what drives DeFi, we need to look at the volume, trader activity, and variety of trading pairs on DEXs. […]