According to Messari report, In November, Solana native Raydium beat Uniswap — the leading DEX — in monthly volumes by roughly 30%, or approximately $30 billion, according to the report.
Raydium’s “success is largely attributed to its dominance within the Solana ecosystem,” the Messari report said, adding that the DEX consistently captures over 60% of daily DEX volume on the layer-1 blockchain network.
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