DEX Statistics
Quantitative analysis and key metrics for 42 exchanges.
Compare DEX performance through quantitative indicators including TVL, volume efficiency, fee capture, and multi-chain distribution. Use this page to validate whether growth is capital-efficient and sustainable.
Uniswap
With $1.59B TVL and $19.90B 30d volume (~12.5x monthly turnover) but only ~0.10% effective fee rate and ~17% revenue capture, Uniswap shows deep liquidity and mature adoption with cyclical activity sensitivity.
PancakeSwap
With $1.64B TVL and ~99.4% concentrated on BSC, PancakeSwap shows strong scale but mixed capital efficiency (2.3%–44.2% 24h turnover depending on volume lens) and modest protocol monetization (~0.69% annualized revenue/TVL).
Raydium
With $1.06B TVL and $435.3M 24h volume (~0.41x daily turnover) but 0 audits and N/A trust score, Raydium shows strong usage yet elevated operational risk.
Fluid
Fluid demonstrates high capital efficiency and substantial trading volumes, but critical security concerns (zero audits) and inconsistent TVL reporting significantly temper its overall quantitative standing.
Aerodrome
With $204.6M TVL and $162.9M 24h volume (turnover 0.80x/day) generating $95.0K/day fees (~5.8 bps take rate), Aerodrome shows solid on-chain traction but remains Base-only (100% TVL) with an N/A trust score and slight near-term cooling (TVL -2.01%, volume -5.33% 1d).
Quickswap
With $507.3M TVL and ~$1.05B 30d volume (2.07x TVL/month), Quickswap shows mature liquidity depth but inconsistent short-term volume signals (reported -98.80% 1d).
Hyperliquid
With $119.8M 24h volume on $175.1M TVL (≈0.68x daily turnover) and a fee take-rate of ~4.9 bps, traction is strong, but 0 audits and a TVL definition gap (CoinGecko $5.37B vs $175.1M) add governance/measurement risk.
Project X
With $43.3M TVL driving $118.7M 24h volume (≈2.74x daily turnover) and a stable fee take rate near 7.5 bps, Project X shows strong market traction but elevated operational risk with 0 audits and no trust score.
Balancer
With $97.7M TVL and $2.68B 30d volume (~27.4x monthly TVL turnover) but only $190.4K 30d fees and 0 audits / Trust Score N/A, traction looks real while monetization and risk signaling lag.
Bluefin
Bluefin shows moderate market traction and capital efficiency, but lacks substantial TVL and liquidity.
Native
Despite $68.5M 24h volume versus only $7.6K TVL (~9,013x daily turnover), the 0 audits and N/A trust score signal high execution/credibility risk relative to observed flow.
Near Intents
With $53.1M TVL and $85.0M 24h volume (~1.60x daily turnover) but 0 audits and Trust Score: N/A, the protocol shows strong flow-through usage with elevated operational/risk uncertainty.
Ekubo
Ekubo shows strong usage with $62.4M 24h volume on $41.2M TVL (1.51x daily turnover), but monetization is thin at ~0.7–1.3 bps fees and the token trades at 0.25x MCap/TVL after an ~86% drawdown from ATH.
Pharaoh Exchange
Pharaoh Exchange shows high utilization with $63.2M 24h volume on $32.1M TVL (~2.0x/day turnover), but maturity signals lag with 0 audits, N/A trust score, and 100% TVL concentrated on Avalanche.
Humidifi
High notional activity ($220.2M–$440.4M 24h volume) but weak monetization (~0.18–0.35 bps take-rate) and missing TVL/audit disclosures keep institutional confidence capped.
Sushiswap
Sushiswap (V3 Katana) exhibits moderate capital efficiency (30d Volume/TVL of 5.07x) with significant multi-chain deployment but faces recent volume decline (-49.48% in 24h) and lacks crucial audit data.
Blackhole V3
Blackhole V3 exhibits high capital efficiency with a 24h Volume/TVL ratio of 1.17x, yet faces substantial recent declines in both TVL and trading volume amidst a complete lack of audits and single-chain reliance.
SunSwap
SUNSwap has a moderate level of market traction and capital efficiency, but its liquidity spread and chain dominance are areas for improvement.
Cetus
Cetus DEX shows moderate market traction and capital efficiency, but lacks liquidity and chain dominance.
Velodrome Finance
With $22.8M TVL and $500.1M 30d volume (~22.0x monthly turnover), Velodrome shows meaningful flow-through, but the latest -52.15% 1d volume shock plus a thin implied fee take (~4–5 bps) and N/A trust scoring keep risk-adjusted traction mid-tier.
Rhea Finance
With $22.0M TVL and $5.9M 24h volume (~0.27x daily turnover), activity is improving (+128.44% 1d volume) but monetization is thin (~0.06% fee/vol) and risk signals persist (0 audits, Trust Score N/A).
Kumbaya
With $63.1M TVL and $3.8M 24h volume (≈6.0% daily turnover) but 0 audits and Trust Score N/A, traction is measurable while risk controls look underdeveloped.
Kodiak V3
With $33.5M TVL and ~7.2% daily turnover (using $2.4M 24h volume), Kodiak V3 shows moderate traction but declining short-term flow (-31.1% 1d volume) and single-chain concentration (100% Berachain).
Hyperion
With $33.1M TVL and $15.0M 24h volume (≈0.45x daily turnover) on a single chain, Hyperion shows solid near-term traction but moderate fee monetization (~0.012% 24h fees/volume) and limited diversification.
Byreal
Byreal shows strong utilization with $16.3M 24h volume on $14.1M TVL (1.16x daily turnover), but maturity/risk signals lag with 0 audits and Trust Score: N/A despite ~9 months of pool history.
Osmosis
With $15.8M TVL and $2.3M 24h volume (≈0.15× TVL turnover) plus 0 audits, Osmosis shows measurable usage but weak risk signaling and modest capital productivity versus mature DEX benchmarks.
Nest
With $4.1M TVL and $2.0M 24h volume (~0.49x daily turnover) but only $1.1K/day fees (~5.5 bps take rate) and 100% single-chain TVL, Nest shows active usage relative to liquidity yet limited scale and diversification.
LFJ
With $167.4K TVL and only $114.5K 30d tracked volume (≈0.68x monthly TVL turnover) plus just $3 in 30d fees, current market traction and monetization look weak despite large historical fee imprint ($301.9M all-time).
Hydrex Integral
With $8.7M TVL and $6.5M 24h volume (≈0.75x daily turnover) but only 1 audit and no trust score, Hydrex Integral shows strong usage relative to liquidity yet remains early-to-mid maturity risk-wise.
Momentum
$10.5M TVL supports $112.1M 30d volume (10.67× TVL), but single-chain (100% Sui) concentration and Trust Score N/A keep risk-adjusted quality at a mid-range level.
Ramses
Ramses V3 demonstrates strong capital efficiency with a 24h Volume/TVL ratio of 1.80x and high revenue retention, but its relatively low $3.6M TVL and single-chain dependency warrant close monitoring.
Supernova (CL)
With $3.8M TVL and $615.4M 30d volume (~162x monthly turnover) but 0 audits and N/A trust score, Supernova (CL) shows strong activity relative to liquidity with elevated operational risk.
Magma Finance
With $3.4M TVL and $36.4M 24h volume (10.7x TVL/day) but only $217/day fees (~0.6 bps implied take rate) and -8.48% TVL daily drawdown, Magma shows high turnover but weak monetization and unstable liquidity depth.
Aborean Finance V3
With $2.1M 24h volume on just $132.3K TVL (≈15.9x daily turnover) but 0 audits and 100% single-chain TVL concentration, traction looks real yet risk and depth constraints dominate.
Aster
With $355.1K TVL concentrated 100% on Blast, a low $7.5K 24h volume (~2.1% daily turnover) and only $20/day fees, Aster shows early-stage traction despite 2 audits.
GRXSwap
GRXSwap shows high short-term turnover (24h volume $2.5M vs TVL $1.9M = 1.32x/day) but remains early-stage with a -5.41% TVL drawdown, 1 pair concentration, and 0 audits.
THENA
With $2.3M TVL concentrated 100% on Binance and 0 audits, THENA V3 shows moderate trading traction ($116.3M 30d volume) but thin per-pair liquidity (~$52K TVL/pair) and elevated operational risk.
Hybra Finance
Hybra Finance V4 shows high turnover ($5.1M 24h volume vs $132.3K TVL = ~38.6x/day) but remains early-stage with 0 audits, Trust Score: N/A, and concentrated 100% single-chain TVL.
Ferra (DLMM)
Ferra (DLMM) shows moderate market traction and moderate capital efficiency, but lacks liquidity diversity and chain dominance.
Lighter (Spot)
Lighter (Spot) has a moderate market presence with decent volume and liquidity, but lacks TVL and trust score.
SailFish
SailFish shows moderate market traction and capital efficiency, but lacks liquidity and trust.
SquadSwap
With $1.1M TVL and $35.9M 24h volume (≈32.6x TVL/day) but only $3.9K/day fees (~1.1 bps) and Trust Score: N/A, traction looks flow-heavy yet durability/quality signals remain weak.