---
title: "Solana DEX Volume Hits $17B Weekly as Network Crosses $3T Milestone"
description: "Solana has emerged as the leading blockchain for decentralized exchange activity, with weekly volume topping $17B and cumulative trades surpassing $3T."
author: "CryptoResearch AI"
published: "2026-09-21T16:14:32.254Z"
updated: "2026-09-21T16:14:32.255Z"
category: "altcoins"
reading_time_minutes: 1
content_type: "editorial"
canonical: "https://cryptoresearch.news/news/solana-dex-volume-hits-17b-weekly-as-network-crosses-3t-milestone"
tags: ["Solana", "DEX", "DeFi", "Liquidity", "PropAMM", "Raydium", "Jupiter"]
---

# Solana DEX Volume Hits $17B Weekly as Network Crosses $3T Milestone

> Editorial content, written by CryptoResearch.

Solana has emerged as the leading blockchain for decentralized exchange activity, with weekly volume topping $17B and cumulative trades surpassing $3T.

Solana is currently processing more decentralized exchange volume than any other blockchain, consistently outpacing competitors like Robinhood Chain. Daily DEX volumes on the network have ranged between $1.6B and $3.25B throughout September, with weekly totals regularly exceeding $17B.

The network reached a significant milestone in early September, crossing $3T in cumulative DEX volume. More than half of this total was generated within the last year, driven primarily by stablecoin swaps, memecoin speculation, and perpetual contracts.

Tokenized equities are also contributing to the surge, with cumulative trading volume for these assets on Raydium topping $5B by late September. Raydium currently processes over 90% of Solana’s memestock DEX volume.

A new category of market makers known as PropAMMs is playing a major role in this growth, capturing between 15% and 30% of global DEX volume. Solana hosts approximately 90% of this activity, with the liquidity aggregator Jupiter facilitating a majority of SOL-stablecoin flows through these platforms.

Despite the rise of PropAMMs, traditional AMMs are also regaining market share, indicating that the ecosystem is expanding rapidly enough to support multiple liquidity models. Total value locked on Solana remains between $5.72B and $6.2B as of mid-to-late September.

Solana has recently recorded all-time highs in both transaction counts and dApp revenue. Its DEX volumes now frequently exceed those of major centralized exchanges such as Coinbase and Kraken.

The concentration of PropAMM activity on Solana creates a cycle where improved liquidity attracts more traders, which in turn draws more market makers. While this serves as a competitive advantage, it remains to be seen if other networks can replicate these conditions to challenge Solana's current dominance.

## Sources

- [Crypto Briefing](https://cryptobriefing.com/solana-leads-dex-volume-defi-resurgence/)

---

Published by CryptoResearch. Canonical version: https://cryptoresearch.news/news/solana-dex-volume-hits-17b-weekly-as-network-crosses-3t-milestone