Solana tops Ethereum, L2s and Hyperliquid in single-day DEX volume
Image: AMBCryptoSolana recorded more spot DEX volume than Ethereum mainnet, all Ethereum Layer 2 networks and Hyperliquid combined in a single daily session, according to Blockworks data. One account dates the session to 3 October, another places it at the start of the fourth quarter. The reports give different dollar figures for Solana's volume. Ethereum returned 73% in Q3 against Solana's 60%, and the SOL/ETH ratio closed the quarter nearly 6% lower.
Key points
- Solana's spot DEX volume beat Ethereum mainnet, all Ethereum L2s and Hyperliquid combined, per Blockworks data.
- The reports give different dollar figures for Solana's volume.
Why it matters
For crypto users tracking onchain trading, the session shows Solana ahead of a combined Ethereum mainnet, Layer 2 and Hyperliquid benchmark. Ethereum still holds the larger share of the wider tokenized real-world asset market.
What's unclear
The two reports give different dollar totals for Solana's same-session spot DEX volume: over $1.6 billion in one and $3.06 billion in the other.
Price context · ETH
At publication
$2,706.68
Now
$2,710.26
Change since
+0.13%
7 days · dashed line = publication
Sources · 2 publishers
AMBCrypto
Tier 2
Solana lost ground to Ethereum in Q3 DEX volume – An early sign of SOL/ETH’s Q4 breakout?
Coverage timeline
- First reported by Blockonomi
- Confirmed by AMBCrypto
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
