Raydium overtook Uniswap to become the largest DEX trading platform last month "
According to online reports, according to data from The Block, Raydium handled 27% of DEX transactions in January, surpassing Uniswap to become the platform with the largest DEX transaction volume. Meanwhile, Raydium's market share increased from 18.8% in December to 27.1% in January, while Uniswa fell from 34.5% in December to 22% in January. In addition, The Block data shows that since October 2024, Solana's DEX transaction volume has surpassed Ethereum, mainly driven by the surge in Raydium transaction volume. In January this year, the volume of DEX transactions on Solana surged, which may be related to Trump's official launch of MEME coins. In just one week, the transaction volume processed was five times that of Ethereum.
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