Ethereum and Rivals Dominate Global Decentralized Exchange Volume

Ethereum, BNB Chain, and Solana dominate decentralized exchange (DEX) volume, accounting for three quarters of global trading activity.

According to a recent report from Bitget, these three blockchain ecosystems have maintained their strong position in the market, with Ethereum leading at times during the second quarter of 2026.

The top-heavy market is characterized by the concentration of DEX volume on just a few networks, rather than individual exchanges operating within each network.

Arbitrum holds 5% of global DEX volume, while Hyperliquid follows with 3%. Tron and Avalanche each account for 1%, and Monad and Unichain remain below 1%.

The dominance of Ethereum, BNB Chain, and Solana is further evident in their control of roughly one-quarter of DEX trading, despite their token market capitalization being far lower than that of Ethereum.