Log In

OKX State of DEXs 2025 Report: Solana Retail at 48% of DEX Volumes, Ethereum Preferred for Trades of USD50k+

Published 3 months ago3 minute read

, /PRNewswire/ -- OKX, a global onchain technology company, today released its "The State of DEXs 2025" report, revealing that Solana-based DEXs now command 48% of total DEX trading volume, while Ethereum has emerged as the dominant network for institutional trades exceeding $50,000 USD. The report, which was reviewed by some of the premier firms in crypto including 1inch, Uniswap and Dune, details significant shifts in decentralized exchange (DEX) adoption patterns and market dynamics.

DEXs have rapidly evolved from alternative trading venues to become a central force in the crypto industry, driving innovation, accessibility and decentralization. OKX's report explores the critical challenges of liquidity and market structure, while examining how derivatives, AI integration and the competitive dynamics between Solana and Ethereum will shape the future of decentralized trading. This analysis aims to help onchain traders and builders navigate opportunities while understanding key technical and operational challenges ahead.

Key findings include:

  • Tokenized T-Bills and basis trading assets (USDe, USR) emerge as yield-bearing base currencies, fundamentally changing the derivatives landscape
  • OKX Chief Innovation Officer Jason Lau said: "Decentralized Exchanges are the lifeblood of the onchain economy, embodying the core ethos of crypto through their permissionless, self-custodial, and community-driven nature. Our findings reveal how the DEX landscape has grown - with activity recently hitting all-time highs. This report details how Solana and Ethereum each serve distinct trading demographics, while AI integration and advanced derivatives infrastructure are showcasing what's to come. We hope this report provides builders and traders with actionable insights to contribute to this vital pillar of the crypto ecosystem."

    For deeper insights, read the full report here.

    For further information, please contact:

    [email protected]

    About OKX

    OKX is a technology company with a mission to make blockchain-based assets more accessible. Our pursuit takes us to a decentralized future that makes our world more efficient, transparent and connected.

    OKX began as a crypto exchange giving millions of people access to trading and over time became among the largest platforms in the world. In recent years, we have developed one of the most connected onchain wallets used by millions to access decentralized applications (dApps).

    OKX is trusted by hundreds of large institutions seeking access to crypto markets on a reliable platform that seamlessly connects with global banking and payments.

    Our most well-known products include: OKX Exchange, OKX Wallet, OKX Explorer, OKX OS, OKX Ventures and OKX Institutional. To learn more about OKX, download our app or visit: okx.com

    Disclaimer

    SOURCE OKX

    icon3

    440k+
    Newsrooms &
    Influencers

    icon1

    9k+
    Digital Media
    Outlets

    icon2

    270k+
    Journalists
    Opted In

    Origin:
    publisher logo
    Cision PR Newswire
    Loading...
    Loading...

    You may also like...