Top 4 DEXs See $12.6B Weekly Boom — Which Altcoins Are Driving 40%+ of the Action?

DEX trading volume surged to $12.6 billion this week, marking a 38% increase and signaling renewed user participation in DeFi.

Altcoins contributed over 40% of total DEX volume, showing a market shift toward diversified trading beyond major cryptocurrencies.

Uniswap led with $6.1 billion in volume, followed by PancakeSwap, Raydium, and Orca—all showing double-digit volume growth.

Over the past week, decentralized exchanges (DEXs) have recorded a significant uptick in trading activity, with total weekly volume surging to $12.6 billion. A sharp 38% increase from the previous week, this movement highlights renewed user engagement and rising interest in altcoin trading across top platforms. Leading this market-wide expansion are four DEXs—PancakeSwap (CAKE), Uniswap (UNI), Raydium (RAY), and Orca (ORCA)—each contributing significantly to volume and exhibiting dynamic trading behavior.

Uniswap (UNI) Maintains Exceptional Market Position

Uniswap remains one of the most exceptional decentralized exchanges by volume and liquidity, maintaining its position as the most-used DEX globally. This week, it recorded over $6.1 billion in trading activity, accounting for nearly half of the total DEX volume

Despite market fluctuations, Uniswap has proven to be superior in routing large orders and offering low slippage across Ethereum and Layer 2 chains. Its consistent usage signals a stable demand for well-established Ethereum-based DeFi infrastructure.

PancakeSwap (CAKE) Shows Remarkable Growth on BNB Chain

PancakeSwap has emerged as a remarkable contributor to this week’s DEX trading surge, especially within the Binance Smart Chain (BNB Chain) ecosystem. Weekly trading volume on PancakeSwap jumped by over 34%, positioning it as a lucrative platform for altcoin transactions and yield farming

Its ability to offer fast trades with lower fees compared to Ethereum-based DEXs continues to attract users seeking cost efficiency without compromising liquidity.

Raydium (RAY) Posts Groundbreaking Metrics on Solana

Solana-based DEX Raydium experienced a groundbreaking rise in weekly trading activity, with volumes increasing more than 41%. Its integration with the broader Solana DeFi ecosystem and support for high-speed trading make it a dynamic platform during high market volatility. Raydium’s deep liquidity pools and yield-generating opportunities for SOL-based tokens continue to drive adoption across retail and institutional traders alike.

Orca (ORCA) Delivers Unmatched Performance in Altcoin Pairings

Orca, also on the Solana network, demonstrated unmatched strength in altcoin pair volume, particularly with stablecoin pairings. Its user-friendly interface and rapid execution have contributed to a stellar performance this week. Orca's trading activity grew by over 43%, indicating strong demand among users for low-cost, high-speed trading options beyond Ethereum. It remains a premier option for retail-focused traders on Solana.

The broader surge in DEX trading activity reflects not only market recovery but also increasing interest in decentralized liquidity venues. Altcoins now account for more than 40% of the total weekly DEX activity, signaling a shift in user preference from major tokens like ETH and BTC toward emerging digital assets. Analysts suggest that this trend may continue if broader macroeconomic factors and regulatory developments remain stable.