POPA ReconTop Chains by DEX Volume in May
Top Chains by DEX Volume in May Tracked DEX volume reached $178.0B in May. Solana led the market with $43.9B, followed by Ethereum with $36.4B, Base with $29.2B, and BNB Chain with $23.0B. DEX liquidity remains highly concentrated. The top 4 chains captured 74.4% of total volume, while the top 10 accounted for 90.8%. DEX volume is one of the strongest signals of real on-chain activity. Funding and narratives matter, but volume shows where users and liquidity are actually moving. 👉https://cryptorank.io/exchanges/dex/spot?sort=volume_30d&direction=desc
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