Algorand DEX Trading Volume Hits $6.19 Million, Tinyman Leads the Charge
The Algorand decentralized exchange (DEX) trading volume has reached $6.19 million over a seven-day period, according to DefiLlama data. This represents a 38.98% increase from the previous seven-day period.
The cumulative DEX volume over 30 days stands at approximately $16.8 million, with $395,000 in trading volume recorded over the latest 24-hour period.
Tinyman, an automated market maker and decentralized exchange built on Algorand, accounted for the largest portion of trading activity among Algorand-based DEXs over the 30-day period. It generated around $13 million in 30-day trading volume and held approximately $6.2 million in liquidity.