Three Networks Dominate Decentralized Exchange Market Share
The decentralized exchange (DEX) market has become increasingly concentrated on three networks: Ethereum, BNB Chain, and Solana. According to CoinGecko's data, these three platforms account for 76% of global DEX trading volume.
In comparison, Base holds a significant share with 14%, placing the four largest networks near 90% combined market share.
Arbitrum keeps an established DeFi base, ranking fifth with 5% of current blockchain DEX volume. Its existing capital and applications provide Arbitrum with several active trading routes, including spot, perpetuals, and lending services.