On the morning of the 27th, at 9 a.m., the decentralized exchange (DEX) recorded total trading volume of about $6.0 billion, down 6.3% from the previous day. This is also 16% lower than a week ago, indicating that DEX’s overall trading volume has been consistently declining.
The top trending trade was Hacchan (HACCHAN/USDG), which rose 40% over 24 hours and took first place. Seed/WETH followed, jumping from $0.00005941 to an increase of 1.89%. The farming season (SEASON/WETH) recorded $0.001328 and fell. In addition, the BNB chain’s Binance Agent (4AGENT/WBNB) surged by 3.5149% over 24 hours, drawing significant attention. Ondo/SOL on Solana jumped 1296%, while PayerTrade (PAPER/USDC) rose 915%. Conversely, FTR/USDT on the BNB chain fell 58%, and NODF/WETH on Base and FIN/BET on Polygon POS dropped 56% and 47%, respectively.
The top three trades by volume were: ANT/USDT at $460 million, BSW/USAD at $170 million, and RLUSD/USDS at $154 million. The trade count was highest for Tether USD (USDT/WBNB) with 259,824 transactions, followed by AXIS/USDC with 235,766, and ZIG/USDT with 224,249.
The number of wallet addresses involved were: LGNS/DAI had the most, with 32,959 purchase wallets and 31,644 sell wallets. Tether USD (USDT/WBNB) had 17,905 buy wallets and 17,649 sell wallets, while SPCS/USDC recorded 8,045 buy and 8,896 sell wallets. These figures confirm that DEX remains active in terms of volume and participation.