Disclosure: DefiTracker earns referral commissions when you trade through partner links on this page. This does not affect our rankings, which are based solely on on-chain volume data.
Learn more
DEX Volume 24h
$7.89B
+12.4%
DEX Volume 7d
$48.2B
-6.4%
DEX Volume 30d
$196.0B
+8.1%
Total Value Locked
$21.6B
-2.1%
Unique Traders 24h
1.24M
+5.8%
Spot DEXs
DEX Aggregators
Perpetuals
Options
Chain:
All Chains
Ethereum
Solana
BSC
Arbitrum
Base
Polygon
Optimism
Avalanche
Last updated just now — On-chain data
Showing 15 of 741 exchanges
| # |
Exchange |
24h Volume |
7d Volume |
24h Change |
Mkt Share |
Chains |
Pairs |
|
| 1 |
|
$2,508,420,000 |
$16.2B |
+8.2% |
|
ETHARBBASE+44 |
8,420 |
Trade |
| 2 |
1 1inchAggregator · Fusion+ |
$910,340,000 |
$6.1B |
+15.7% |
|
ETHBSCARB+7 |
4,210 |
Trade Now |
| 3 |
|
$910,120,000 |
$5.9B |
+3.4% |
|
BSCETHARB+9 |
3,612 |
Trade |
| 4 |
|
$471,230,000 |
$3.1B |
+18.9% |
|
BASE |
1,102 |
Trade |
| 5 |
|
$258,410,000 |
$1.8B |
+9.4% |
|
SOL |
620 |
Trade |
| 6 |
|
$184,520,000 |
$1.3B |
+31.2% |
|
SOL |
8,420 |
Trade |
| 7 |
J JupiterAggregator · Solana |
$167,830,000 |
$1.1B |
+22.3% |
|
SOL |
1,204 |
Trade |
| 8 |
|
$148,620,000 |
$980M |
-4.1% |
|
dYdX |
186 |
Trade |
| 9 |
C Curve FinanceAMM · Stableswap |
$134,890,000 |
$910M |
-1.8% |
|
ETHARB+18 |
1,891 |
Trade |
| 10 |
|
$98,340,000 |
$680M |
-6.3% |
|
ETHARB+12 |
2,304 |
Trade |
| 11 |
B BalancerAMM · Weighted Pools |
$87,450,000 |
$590M |
+2.1% |
|
ETHARBAVAX |
980 |
Trade |
| 12 |
L LFJ (Trader Joe)AMM · Liquidity Book |
$72,310,000 |
$480M |
+5.7% |
|
AVAXARBBSC |
742 |
Trade |
| 13 |
M MaverickAMM · Directional LP |
$58,920,000 |
$390M |
+14.2% |
|
ETHBASEBSC |
312 |
Trade |
| 14 |
|
$42,180,000 |
$280M |
-3.5% |
|
OP |
640 |
Trade |
| 15 |
|
$38,640,000 |
$250M |
+7.8% |
|
BSCOP |
420 |
Trade |
No exchanges match your search.
Uniswap
$2.51B
24h volume
While Uniswap dominates in raw volume, 1inch provides consistently better execution prices by aggregating liquidity across 400+ sources. As a DEX aggregator, 1inch doesn't compete with Uniswap directly -- it uses Uniswap as one of its many liquidity sources, alongside Curve, Balancer, SushiSwap, and hundreds of others.
The Fusion+ mode introduced in 2024 allows gasless swaps where users sign an order and professional market makers (resolvers) fill it, competing on price. This frequently results in better prices than going directly to any single DEX.
For traders swapping more than $1,000 in a single trade, aggregators like 1inch and Jupiter typically save 0.1-0.5% compared to using a single DEX, which can amount to significant savings over time.
What is a DEX?
A decentralized exchange (DEX) is a peer-to-peer marketplace where cryptocurrency traders execute transactions directly through smart contracts, without depositing funds into an intermediary. Unlike centralized exchanges (CEXs) like Binance or Coinbase, DEXs provide full self-custody -- users trade directly from their wallets.
Types of DEXs
- Automated Market Makers (AMMs) -- Use liquidity pools and mathematical formulas to determine prices. Examples: Uniswap (constant product), Curve (stableswap optimized for similar assets), Balancer (weighted pools).
- Order Book DEXs -- Match buy and sell orders similar to traditional exchanges. Examples: dYdX, Hyperliquid. Better for derivatives and perpetual futures.
- Aggregators -- Route trades across multiple DEXs to find the best price. Examples: 1inch, Jupiter (Solana). Recommended for large trades.
- ve(3,3) DEXs -- Combine vote-escrowed tokenomics with AMM mechanics. Examples: Aerodrome (Base), Velodrome (Optimism). Incentivize deep liquidity through emissions directed by token holders.
How We Rank DEXs
Rankings on DefiTracker are based on verified on-chain data. We track 24-hour and 7-day trading volumes across all supported chains by indexing smart contract events directly from each blockchain. Volume data is never self-reported by exchanges.
Key methodology details:
- Wash trading detection: transactions between related wallets are flagged and excluded from volume calculations.
- Multi-chain aggregation: for protocols deployed on multiple chains (e.g., Uniswap on 47 chains), volumes are summed across all deployments.
- Protocol vs. fork distinction: forks are listed separately unless they maintain the same governance and codebase.
Key Metrics Explained
- 24h Volume -- Total value of all swaps executed in the last 24 hours, in USD.
- TVL (Total Value Locked) -- The total value of assets deposited in the protocol's smart contracts, available as liquidity for trades.
- Market Share -- The protocol's 24h volume as a percentage of total DEX volume across all tracked protocols.
- Pairs -- The number of unique trading pairs available on the exchange.
What is the best DEX for beginners?
For beginners on Ethereum and EVM chains,
1inch is recommended because it automatically finds the best price across hundreds of liquidity sources. You don't need to know which specific DEX has the best liquidity for your pair -- 1inch handles routing automatically. For Solana users,
Jupiter serves the same aggregation role. Both support gasless swaps (no ETH/SOL needed for transaction fees).
How do DEX fees compare to centralized exchanges?
Most AMM DEXs charge 0.01-1% per swap depending on the pool's fee tier (Uniswap V3 offers 0.01%, 0.05%, 0.3%, and 1% tiers). On top of swap fees, you pay blockchain gas fees (network transaction costs). On Ethereum mainnet, gas can be $2-20 per swap. On L2s like Arbitrum, Base, or Optimism, gas is typically $0.01-0.10. Centralized exchanges charge 0.1-0.5% maker/taker fees but no gas fees. For large trades ($10K+), DEX aggregators often provide better total cost despite gas, due to reduced slippage.
Is it safe to use decentralized exchanges?
DEXs eliminate counterparty risk -- you never deposit funds with an intermediary, so there's no risk of exchange hacks or insolvency (as seen with FTX, Mt. Gox). However, DEXs carry smart contract risk: bugs in the protocol's code could potentially lead to fund loss. Major DEXs like Uniswap, Curve, and 1inch have undergone extensive security audits and have been battle-tested with billions in volume. Always verify you're on the correct website URL and be cautious of phishing sites that impersonate legitimate DEXs.
What is a DEX aggregator and why should I use one?
A DEX aggregator searches across multiple decentralized exchanges simultaneously to find the best swap rate for your trade. Instead of manually checking Uniswap, Curve, Balancer, and SushiSwap, an aggregator like 1inch does this automatically and can even split a single trade across multiple DEXs for better execution. For trades above $500, aggregators typically save 0.1-0.5% compared to using any single DEX directly.
What chains are supported?
DefiTracker indexes DEX activity across 82 blockchains including Ethereum, Solana, BNB Chain (BSC), Arbitrum, Base, Optimism, Polygon, Avalanche, Sonic, Gnosis, Fantom, Sui, Aptos, and many more. The most DEX activity by volume occurs on Ethereum mainnet, followed by Solana, BSC, and Arbitrum. L2 networks like Base and Optimism are growing rapidly due to lower transaction fees.
← Back to Rankings
About DefiTracker
DefiTracker is an independent analytics platform focused on decentralized exchange data. We index on-chain swap events across 82 blockchains to provide accurate, real-time volume rankings for over 740 DEX protocols.
Our Mission
The DeFi space lacks reliable, unbiased exchange data. Most existing trackers rely on self-reported volume numbers from projects, which are easily inflated. DefiTracker sources all volume data directly from blockchain events, providing verifiable metrics that anyone can audit.
Data Sources
We run our own blockchain indexers for all major EVM chains and integrate with third-party indexing services for non-EVM chains (Solana, Sui, Aptos). Our wash trading detection pipeline flags and excludes suspicious trading patterns, including circular trades between related wallets and trades designed solely to inflate volume metrics.
Revenue Model
DefiTracker earns revenue through referral commissions from partner exchanges. When you click a "Trade" or "Trade Now" link and complete a swap, we may receive a small commission from the exchange. This revenue model allows us to provide our data and analytics for free. Referral partnerships never influence our rankings, which are determined solely by on-chain volume data.
Contact
For inquiries about data licensing, partnership opportunities, or corrections, please reach out via our social channels linked below.
← Back to Rankings
Ranking Methodology
Our rankings are designed to give traders an accurate, manipulation-resistant view of DEX activity. This page details how we collect, process, and present data.
Data Collection
We index Swap, Trade, and OrderFilled events directly from DEX smart contracts on each supported chain. For AMMs like Uniswap, we track pool-level swap events. For aggregators like 1inch, we track the final settlement events rather than intermediate routing, to avoid double-counting.
Volume Calculation
All volumes are denominated in USD using price feeds from multiple oracle sources (Chainlink, Pyth, CoinGecko). We use the spot price at the time of each swap for conversion. Volumes are aggregated across all deployments of each protocol -- for example, Uniswap's total volume includes Ethereum mainnet, Arbitrum, Base, Polygon, and all other supported chains.
Wash Trading Detection
Our pipeline identifies and excludes suspected wash trading using multiple signals:
- Circular trades: A swaps token X for Y, then Y back to X within a short window
- Related wallets: clusters of wallets funded from the same source trading exclusively with each other
- Volume anomalies: sudden volume spikes on low-liquidity pairs that revert quickly
- Known wash trading contracts: smart contracts designed to execute automated circular trades
Aggregator vs. DEX Volume
Aggregators like 1inch and Jupiter route trades through underlying DEXs. To avoid double-counting, we attribute volume to the aggregator when listing aggregators, and to the underlying DEX when listing spot DEXs. The "Spot DEXs" tab shows venue-level volume; the "DEX Aggregators" tab shows aggregator-routed volume.
Update Frequency
Rankings update every 60 seconds for major chains (Ethereum, Solana, BSC, Arbitrum, Base, Optimism, Polygon). Lower-volume chains update every 5 minutes. Historical data (7d, 30d) recalculates hourly.
Affiliate Disclosure
Some exchanges listed on DefiTracker are affiliate partners. This means we may earn a commission when you trade through our referral links. Affiliate status is indicated by a "Partner" badge next to the exchange name. Affiliate relationships have no influence on rankings, which are computed automatically from on-chain data.
← Back to Rankings
Privacy Policy
Last updated: August 2026
Information We Collect
DefiTracker collects minimal personal information. When you visit our site, we may collect:
- IP address (anonymized after 30 days)
- Browser type and operating system
- Pages visited and time spent
- Referral source (how you arrived at our site)
If you subscribe to our newsletter, we collect your email address. We do not collect wallet addresses, transaction data, or any blockchain-related personal information.
How We Use Information
We use collected data to: improve our website experience, analyze traffic patterns, and send newsletters to subscribers. We do not sell or share personal data with third parties for marketing purposes.
Cookies
We use essential cookies for site functionality and optional analytics cookies (Google Analytics) to understand how visitors use our site. You can decline analytics cookies using the banner shown on your first visit.
Third-Party Links
Our site contains links to external DEX platforms. We are not responsible for the privacy practices of these third-party sites. We encourage you to review their privacy policies before using their services.
Data Retention
Analytics data is retained for 26 months. Newsletter subscriber data is retained until you unsubscribe. IP address logs are anonymized after 30 days.
Your Rights
You may request access to, correction of, or deletion of your personal data by contacting us through our social channels. Newsletter subscribers can unsubscribe at any time using the link in each email.
← Back to Rankings
Terms of Use
Last updated: August 2026
Acceptance
By using DefiTracker, you agree to these terms. If you do not agree, please do not use our site.
No Financial Advice
DefiTracker provides data and analytics for informational purposes only. Nothing on this site constitutes financial, investment, trading, or any other kind of professional advice. You should conduct your own research and consult with qualified financial advisors before making any investment decisions. Past performance of any DEX or token does not guarantee future results.
Accuracy of Data
While we strive to provide accurate and up-to-date information, we make no warranties about the completeness, accuracy, or reliability of any data displayed on our site. On-chain data may be subject to delays, indexing errors, or blockchain reorganizations. Use the data at your own risk.
Third-Party Links
DefiTracker contains links to third-party websites and decentralized applications. These links are provided for your convenience. We do not endorse, control, or assume responsibility for the content, privacy policies, or practices of any third-party sites. Interacting with DeFi protocols carries inherent risks including smart contract vulnerabilities, impermanent loss, and market volatility.
Intellectual Property
The DefiTracker name, logo, and original content are our intellectual property. On-chain data is public by nature and is not claimed as proprietary. You may reference our data with attribution.
Limitation of Liability
DefiTracker shall not be liable for any losses arising from the use of our site, reliance on our data, or interaction with any linked third-party services. This includes but is not limited to: trading losses, smart contract exploits, phishing attacks, or any other form of financial loss.
Modifications
We reserve the right to modify these terms at any time. Continued use of the site after changes constitutes acceptance of the modified terms.