At the beginning of 2026, decentralized exchanges (DEXs) showed significant growth. Thus, the cumulative DEX volume for the week reached $86 billion, showing an increase of 12% in 7 days, and the dominance indicator of decentralized exchanges (DEX) vs. centralized exchanges (CEX) shows an increase of 18.55%.
#Top weekly trading volume of decentralized exchanges
#Meteora #Uniswap #PancakeSwap #Raydium #Aerodrome #Curve #Orca #Aster #Hyperliquid pic.twitter.com/nM74z8NDbw— Phoenix – Crypto News and Analysis (@pnxgrp) January 6, 2026
According to Phoenix Group data, Meteora, Uniswap, and PancakeSwap occupy the top positions among DEXs in terms of weekly trading volume. This has led to a gradual change in trader sentiment, increasing optimism for further growth of the DEX.
Meteora leads DEX with weekly trading volume of $10.85 billion
In particular, Meteora leads the DEX in terms of weekly trading volume. Therefore, the 7-day trading volume is a remarkable $10.85 billion. At the same time, the 24-hour trading volume is $2.15 billion. Uniswap then became the second-highest decentralized exchange based on 7-day volume, claiming $10 billion. Additionally, the 24-hour trading volume is approximately $2.02 billion.
This was followed by PancakeSwap, which ranked third among major DEXs this week with a 7-day trading volume of up to $5.54 billion. Accordingly, the 24-hour trading volume recorded a valuation of $1.12 billion. Raydium follows with $2.72 billion in weekly trading volume and $458.25 million in trailing 24-hour trading volume. Additionally, Aerodrome ranks 5th with a weekly trading volume of $2.96 billion, while its 24-hour trading volume is $457.47 million.
Ultra-liquid bottom list with 7-day volume of $913 million
The next name on Phoenix Group’s list of top DEXs by weekly trading volume is Curve’s, which reaches $1.93 billion. On the other hand, the 24-hour trading volume accounted for $195.71 million. Subsequently, Orca’s 7-day and 24-hour trading volumes were $1.61 billion and $393.92 million, respectively.
And last but not least, with weekly trading volume of $936 million and daily trading volume of $137.7 million, Aster is the 8th most powerful DEX. Last on the list, Hyperliquid has weekly trading volume of $913 million and 24-hour trading volume of $153.8 million.
