[DEX Report] Daily volume hits $8 billion as Max coin leads gainers

Max coin rose 6,226% over 24 hours, while SpaceX Inu topped the trending rankings and Max coin led transaction activity. Total daily decentralized exchange (DEX) volume reached $8 billion, down 4.06% from the previous day.

The leading trending pairs were SpaceX Inu (SI/WBNB), Seppuku (SEPPUKU/ETH) and ni hao cat (mihao/SOL).

According to geckoterminal data collected on November 12, SpaceX Inu (SI/WBNB) ranked first among trending DEX pairs, trading at $0.000000003334 after falling 16.06% over 24 hours.

Seppuku (SEPPUKU/ETH) ranked second, rising 9.2% to $0.01912. Third-ranked ni hao cat (mihao/SOL) gained 37.38% to $0.01928.

The biggest gainer was Max coin (Max/SOL) on Solana, up 6,226% on PumpSwap. It was followed by ni hao cat (mihao/USDT) on BNB Chain, up 3,655%, and predict.fun (PREDICT/SOL) on Solana, up 331%.

The largest decline was in the Max coin (Max/SOL) pool on Solana’s Meteora, down 68.71% over 24 hours. Dacity Coin (Dacity/TTWO) on Solana fell 66.83%, while JANCTION (JCT/USDT) on BNB Chain dropped 56.81%.

By trading volume, 币安生活 (币安生活/USDT) led with $221.97 million, or 219.1 times liquidity. Wrapped Ether (WETH/USDC) followed with $153.32 million, or 1.9 times liquidity, and Coinbase Wrapped BTC (cbBTC/WETH) recorded $144.11 million, or 36.2 times liquidity.

By transaction count, Max coin (Max/SOL) led with 438,532 transactions, with buys accounting for 57%. ni hao cat (mihao/SOL) followed with 306,982 transactions and a 62% buy share. Tether USD (USDT/WBNB) recorded 194,201 transactions, with buys at 35%.

In the wallet rankings, Max coin (Max/SOL) recorded 39,366 buying wallets and 31,455 selling wallets. ni hao cat (mihao/SOL) had 35,940 buying wallets and 28,350 selling wallets, while Wrapped SOL (SOL/USDC) had 26,128 buying wallets and 27,300 selling wallets.

According to DefiLlama, total DEX trading volume on November 11 (UTC) was approximately $8 billion, down 4.06% from the previous day and 29.65% from a week earlier.

[Editor’s note] This report uses geckoterminal data to track trending pairs, gainers, losers and leading pairs by trading volume, transaction count and wallet activity. Total DEX trading volume is sourced from DefiLlama.