PANews reported on January 28 that OKX released the "2025 DEX Status Report", which comprehensively analyzes the development trend of decentralized exchanges (DEX) and their key role in the on-chain economy. The report pointed out that Solana accounted for 48% of DEX trading volume thanks to the active performance of retail traders, while Ethereum maintained its dominance in large transactions exceeding US$50,000.
Key findings include:
- Solana dominates retail DEX volume, with ~60% of volume coming from pump.fun activity;
- Ethereum and its Layer 2 solutions excel in large transactions and liquidity pool quality, occupying 10 of the top 20 liquidity pools;
- Asia leads in developer distribution, accounting for 32%, and is leading the trend in AI integration;
- DeFi derivatives market has made breakthrough innovations, with Hyperliquid and dYdX pushing decentralized trading performance close to the level of centralized exchanges (CEX);
- AI integration accounts for 33.9% of developer activity, with a focus on blockchain infrastructure (20.1%) and DeFi (14.2%).
