GeckoTerminal’s Oct. 26 data put decentralized exchange turnover 20.01% below its level a week earlier, even as a handful of crypto pairs recorded outsized 24-hour moves.
Trading across DEXs totaled about $5.7 billion over the preceding 24 hours, down 9.21% from the day before. A DEX is a blockchain-based marketplace where people trade crypto directly with each other.
Farming Season (SEASON/WETH) fell 39.91% but ranked third on GeckoTerminal’s trending-pair list, behind RobinSeed (SEED/WETH), which gained 4.6%, and Pons (PONS/USDG), up 5.76%.
Trump (Trump/USDT) advanced 13,064%, while Flying Tesla Roadster (FTR/USDT) gained 63,091%; both pairs trade on BNB Chain. Ethereum-based SQUEEK (SQK/ETH) led the reported gainers with a 92,605% increase over 24 hours.
Among the three highest-volume pairs, quq (quq/USDT) had the highest turnover relative to liquidity at 146.3 times, followed by FLAPAI (FLAPAI/USDT) at 107.2 times. Lydia (BSW/USAD) led dollar turnover at $173.5 million and 30.2 times liquidity; FLAPAI and quq recorded $149.2 million and $135.7 million.
An earlier Oct. 18 EconoTimes snapshot of DEX trading also showed $5.7 billion in daily turnover, but the week-over-week comparison then was an 8.87% increase.
