Raydium's monthly trading volume has surpassed Uniswap for the second consecutive month

ChainCatcher news, according to a report by Cointelegraph, shows that Messari reported on December 10 that the Solana ecosystem decentralized exchange Raydium surpassed Uniswap in November trading volume by approximately $30 billion, leading by 30%.

This marks the second time Raydium's monthly trading volume has exceeded Uniswap since October. The report noted that meme coin trading has become the main driver of Raydium's growth, with meme coin trading accounting for a record 65% of its total monthly trading volume in November. Raydium firmly occupies over 60% of the daily DEX trading volume in the Solana ecosystem.