UNISWAP DEX dominates at $351.8 billion as the market surges above $164 billion each week, earning a 17% stake in CEXS.

The Decentralized Exchange (DEX) segment reached $1647.9 billion in total volume by August 29, 2025, with a healthy increase in weekly exchanges.

This value represents a 21.14% change over the past week, indicating a new wave of distributed financial (DEFI) trading activity. Centralized exchange (CEX) continues to play a dominant role, with DEXS currently taking on a larger position in the total market, highlighting the increased relevance of DEX within the Crypto ecosystem.

Uniswap holds leads

Uniswap continues to lead the DEX market. The platform recorded a locked total of $3.6 billion (TVL) and a seven-day trading volume of $35.1 billion, much ahead of its competitors. The liquidity and depth of adoption by users continue to become Defi traders' favorites for efficiency and reliability.

Pancakeswap reinforces position

Pancakeswap ranked second in the TVL, which was $15.37 billion each week, and TVL was $2.06 billion. PancakesWap operates using the BNB chain and remains attractive to users of the platform, especially for retailers with minimal fees and a wide range of trading pairs. That consistent rise is evidence of its ability to counter the Ethereum-based Dex giants.

Rising Star: High lipids and Orca

Hyperliquid has also become an upcoming competitor in the DEX market, earning a weekly trading volume of $10.53 billion on a $420 million TVL. That possibility is also noted by its high performance in execution and increased adoption, despite a rather limited liquidity pool compared to industry leaders.

Another competitor, Orca, recorded $6.24 billion in deals and $1.08 billion in TVL each week. ORCA runs on the Solana network, and is moving forward with its speed and low cost transactions.

Aerodrome, Raydium and Meteora are focused

Aerodrome registered an average trading volume of $5.96 billion each week, backed by $596.15 million TVL. In the meantime, another Solana-based DEX, Raydium, has achieved the largest trading volume of $45.1 billion and TVL is $64,452 million, establishing the right place among the leading liquidity providers of Solana's ecosystem.

Meteora next had a trading volume of $3.91 billion and a TVL of $523.62 million. Both of these exchanges contribute to the growth of Defi Multi-Chain visibility.

Curves and LFJ close out the top rankings

Curve, a major liquidity pool based on Stablecoins, had a weekly trading volume of $2.41 billion and a TVL of $21.188 million. Although TVL has been declining since its previous highs, the curve remains an infrastructure essential for stability swapping.

The small but growing exchange LFJ reports trading volumes of $130 billion and a $188.7 million TVL each week, indicating that even new exchanges are finding footholds in competitive DEX environments.

DEX Sector Outlook

Weekly growth above 21% indicates the power of decentralized finance in market volatility. Uniswap and Pancakeswap are still giants, but the emergence of high lipids, Orca, Aerodrome, Raydium and Meteora, highlight the diversification of the industry. Continuous competition between centralized and decentralized exchanges is also a topic of interest, with DEX continuously gaining a larger market share.

Given this momentum, decentralized exchanges can gain a more prominent place in crypto trading around the world. Such affordability, improved user experience, and interoperability across the chain could drive more users and take the industry a step further into the mainstream relevance field.