Hyperliquid celebrates new $21b volume ATH

Hyperliquid noted new all-time highs across three protocol metrics as on-chain users tapped the DEX to trade Trump meme coins. Decentralized exchange and layer-1 blockchain Hyperliquid recorded all-time highs in 24-hour volume, open interest, and daily protocol revenue amid Donald Trump-driven crypto market volatility. The platform achieved $21 billion in daily trading volume, surpassing all […]

Solana volume jumps to record high: Did Official Trump help?

Solana’s volume in the decentralized exchange industry jumped to a record high on Sunday, Jan. 19. According to DeFi Llama, Solana’s (SOL) DEX protocols handled $19.47 billion in volume, up from $19.37 billion the previous day. The previous daily record was $7.5 billion in November last year. This surge happened because of the recent launch […]

What is trading volume in crypto and how to understand it

One of the most crucial indicators in the cryptocurrency industry is trading volume. Crypto trading volume helps traders comprehend market activity by displaying the volume of a certain cryptocurrency that has been exchanged over a specified period.  Trading volume is an important indication for effective trading since it allows market players to assess interest, liquidity, […]

Illicit crypto volume could have reached $51b in 2024: report

Cryptocurrency illicit activity is diversifying, with illicit crypto volumes for 2024 expected to surpass $51 billion, according to a new report. While the total volume identified so far is $40.9 billion, historical trends suggest that figure will grow as more wallet addresses are linked to criminal activity, according to Chainalysis’s 2025 Crypto Crime’s report.  The […]

RAY price rallies as Raydium trading volume spikes

The Raydium token rose for five consecutive days as its protocol volume rebounded sharply in the last seven days. Raydium (RAY) rose to $5.6, its highest level since Dec. 11 and 50% above its lowest level in December. It has continued to outperform other popular Decentralized Exchange tokens like Uniswap (UNI) and PancakeSwap (CAKE).  RAY […]