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Algorand DEX Trading Volume Hits $6.19 Million, Tinyman Leads the Charge

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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.

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