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One platform for global traditional assets
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According to The Block data, Raydium accounted for 27.1% of the total volume of DEX in January, officially surpassing Uniswap and becoming the platform with the largest DEX volume. The volumes of both platforms have shown a rising and falling trend in the past two months. Raydium's market share has grown from 18.8% in December last year to 27.1% in January, while Uniswap has dropped from 34.5% in December last year to 22% in January.
In addition, PancakeSwap accounted for 17.23% of DEX volume in January, ranking third. Meteora and Aerodrome ranked fourth and fifth respectively, accounting for 8.72% and 6.12% of DEX volume.