DEX report: Daily volume hits $10.5B as DAWG surges 9,058%

DAWG surged 9,058% to lead decentralized exchange gainers. Total DEX volume reached $10.5 billion, rising from the previous day but declining from a week earlier.

The most closely watched DEX pairs were Giga Tenev (GIGATENEV/WETH), Super Intelligence SI276 (SI276/SOL) and RobinSeed (SEED/WETH).

According to GeckoTerminal data collected on Oct. 16, the top-trending DEX pair was Giga Tenev (GIGATENEV/WETH), trading at $0.0005817 after falling 6.47% over 24 hours.

Super Intelligence SI276 (SI276/SOL) ranked second, down 9.37% at $0.001084. RobinSeed (SEED/WETH) placed third, falling 29.53% to $0.0001391.

The biggest gainer was BNB Chain-based DAWG (DAWG/WBNB), up 9,058% over 24 hours. NeoSoul (DNA/USDT) on BNB Chain followed with a 6,804% gain, while Solana-based Flying Tesla Roadster (FTR/SOL) rose 1,479%.

The steepest decliner was Polygon POS-based QuickSwap (QUICK/WETH), down 16.89% over 24 hours. CASHDESK (FIN/USDC) on Polygon POS fell 15.29%, while BNB Chain-based Nesa (NES/USDT) declined 8.44%.

NeoSoul (DNA/USDT) – $349.7 million (127.5 times liquidity)

Lydia (BSW/USAD) – $175.4 million (30.6 times liquidity)

Wrapped SOL (SOL/USDC) – $136.1 million (4.7 times liquidity)

Tether USD (USDT/WBNB) – 275,439 transactions (35% buys)

Doppler Finance (xdp/USDC) – 247,487 transactions (50% buys)

Flying Tesla Roadster (FTR/SOL) – 238,781 transactions (59% buys)

Longinus (LGNS/DAI) – 42,765 buying wallets · 39,012 selling wallets

Flying Tesla Roadster (FTR/SOL) – 33,238 buying wallets · 24,837 selling wallets

Tether USD (USDT/WBNB) – 19,455 buying wallets · 22,860 selling wallets

Total DEX volume over the past 24 hours was approximately $10.5 billion, up 13.38% from the previous day and down 1.7% from a week earlier.

[Editor’s note] A decentralized exchange, or DEX, is a blockchain-based cryptocurrency venue that enables direct peer-to-peer trading without an intermediary. Smart contracts and on-chain data provide operational transparency, while users retain control of their assets by trading directly from connected wallets. DEXs have also gained traction by supporting rapid listings of new tokens. This report compiles GeckoTerminal data on trending pairs and leaders by gains, losses, volume, transactions and participating wallets.

This article is based on market data and chart analysis and does not constitute an investment recommendation.