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Volume DEX in Solana reached USD 124,000 million in July, 42% more than Ethereum.
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The Artemis platform confirms the trend since October 2024, except March 2025.
In the last ten months, Solana was consolidated as the network with the greatest activity in Decentralized Exchanges (DEX), displacing Ethereum from a space in which he had historically dominated.
The following graph shows the trend. The violet bars represent the values of Solana, while the green ones, those of Ethereum:
The DEX volume refers to the sum of the value of all operations carried out on decentralized exchange platforms in both chains.
Unlike centralized exchanges, in the DEX transactions are processed directly in the chain, in real time, through intelligent contracts, which reflects more directly The level of activity in each network.
According to Data from the Artemis firm, since October 2024 Solana has surpassed Ethereum in volume almost uninterrupted. The only one Exception occurred in March 2025when Ethereum was briefly placed on top. The rest of the period shows a sustained advantage of Solana in this metric.
The month of greatest difference between both networks was January 2025. That month, Artemis data shows that Solana accumulates a volume equivalent to 262,000 million dollars, compared to 86,000 million Ethereum. The gap equivalent to 204% more activity in Solana Regarding its competitor.
However, solanafloor presents in its records a much wider variation, with figures that place Solana around the 400,000 million dollars in the same month.
The discrepancy reflects that, although the methodologies may differ between data suppliers, The general trend coincides in pointing out the predominance of Solana.
On the other hand, according to data from the SolanaFloor analysis site, in July the volume of trade in Solana reached 124,000 million dollarswhich represents a 56% increase compared to June and 42% above what is registered in Ethereum in that same month.
These statistics in the volume of operations of the DEFI implies a reconfiguration of the use of networks.
Although Ethereum continues to be the most used infrastructure for intelligent contracts, Solana has managed to position itself as the preferred network for decentralized exchanges, a key indicator of activity within the ecosystem.