The DEX sector has seen a significant development in the case of weekly trading volume, according to Phoenix, a crypto analytics firm. The top decentralized exchanges in terms of 7-day trading volume are Uniswap, PancakeSwap, ORCA, Aerodrome, Raydium, DODO, Curve, Camelot, and Thorchain. Uniswap dominates the market with a weekly trading volume of $7.09 billion and a total value locked of $996.30 million. PancakeSwap comes in second with a 7-day volume of $2.51 billion and a TVL of $825.94 million. Other exchanges on the list also have substantial trading volumes and total values locked.



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