Ekubo (Starknet) vs Raydium (CLMM) β Comparison Report
Volume & Liquidity
Ekubo (Starknet) has a significantly lower trading volume compared to Raydium (CLMM), with a 24-hour volume of $10.3M versus $135.2M. Additionally, Ekubo's TVL has been trending downward, decreasing by 10.9% in the latest period, while Raydium's TVL has remained relatively stable. As a result, Raydium (CLMM) is the clear winner in terms of volume and liquidity.
Higher trading volume and more stable TVL
Fee Structure & Costs
Ekubo (Starknet) has a significantly lower fee revenue compared to Raydium (CLMM), with a 24-hour fee revenue of $330 versus $15K. Additionally, Ekubo's fees have been trending downward, decreasing by 37.3% in the latest period, while Raydium's fees have remained relatively stable. As a result, Raydium (CLMM) is the clear winner in terms of fee structure and costs.
Higher fee revenue and more stable fees
Multi-chain & Ecosystem
Ekubo (Starknet) is a multi-chain DEX, supporting both Starknet and Ethereum, while Raydium (CLMM) is a single-chain DEX, supporting only Solana. However, Raydium has a significantly broader ecosystem, with 1546 trading pairs and 355 supported coins, compared to Ekubo's 90 trading pairs and 22 supported coins. As a result, Raydium (CLMM) is the clear winner in terms of multi-chain and ecosystem.
Broader ecosystem and more trading pairs
User Recommendations
Based on the data provided, Raydium (CLMM) appears to be a more suitable choice for users who prioritize high trading volume, stable fees, and a broad ecosystem. Ekubo (Starknet), on the other hand, may be a better choice for users who are interested in a multi-chain DEX with a strong focus on Starknet and Ethereum. Ultimately, the choice between the two DEXs will depend on the individual user's needs and preferences.
More suitable for users who prioritize high trading volume and stable fees
Trends & Innovation
Ekubo (Starknet) has been trending downward in terms of TVL and fees, while Raydium (CLMM) has remained relatively stable. However, Ekubo's use of a singleton architecture and extensions may indicate a more innovative trajectory, potentially leading to future growth and success. As a result, Ekubo (Starknet) is the clear winner in terms of trends and innovation.
More innovative architecture and potential for future growth
β¨ Bottom Line
Based on the data provided, Raydium (CLMM) appears to be the overall winner, with higher trading volume, more stable fees, and a broader ecosystem. Ekubo (Starknet) may be a better choice for users who prioritize a multi-chain DEX with a strong focus on Starknet and Ethereum, but ultimately, Raydium's stability and breadth make it the more attractive option.
Raydium (CLMM)
Overall winner due to higher trading volume and more stable fees