Top Decentralized Exchanges (DEXs) Ranked by Weekly Trading Volume: Uniswap Leads with $7.09B

The decentralized exchange (DEX) sector has seen a significant development in terms of weekly trading volume, with some key players dominating the market. According to Phoenix, a renowned crypto analytics firm, the top DEXs in terms of 7-day trading volume include Uniswap, PancakeSwap, ORCA, Aerodrome, Raydium, DODO, Curve, Camelot, and Thorchain.

Uniswap leads the pack with an impressive 7-day trading volume of $7.09 billion and a total value locked of nearly $996.30 million. PancakeSwap follows closely behind with a trading volume of $2.51 billion and a TVL of $825.94 million. ORCA secures the 3rd position with a trading volume of $1.73 billion and a TVL of $234.63 million.

Aerodrome, Raydium, DODO, Curve, Camelot, and Thorchain also make it to the list with their respective trading volumes and TVLs. Thorchain rounds off the list with a weekly trading volume of $453 million and a TVL of $75.27 million.

The DEX sector continues to see growth and competition among these top players, showcasing the increasing popularity and adoption of decentralized exchanges in the crypto space.