Solana’s DeFi scene just hit a number so big it is almost difficult to say aloud. According to new data, Solana-based decentralized exchanges have already processed over $1 trillion in trading volume for 2025 — and it is only June.
A viral tweet claimed a $900 billion milestone, prompting a stunned emoji reaction from Solana cofounder Anatoly Yakovenko. But here's the kicker: that tweet underestimated the real number.
According to Top Ledger, Solana’s actual DEX volume for 2025 is already over $1,003,458,537,544 — putting the network firmly in the trillion-dollar club. And that is not a forecast — that is real, settled trading activity.
As of June 6, Solana holds a 26.12% share of the global DEX market, slightly above Ethereum’s 25.93% and behind only Binance Smart Chain’s 47.95%, per DefiLlama.
The dominance chart, also from DefiLlama, shows Solana holding its own against two giants, with volume consistently rising through Q1 before stabilizing into Q2. January saw a major spike, which carried much of the early momentum.
As for what is driving this, the leaderboard of top Solana-based DEXes reveals an increasingly competitive and maturing landscape. Per DefiLlama, the top performers over the past 30 days are Raydium ($27.6 billion), Orca ($19.7 billion), Meteora ($18.5 billion) and Pump ($16.1 billion). These protocols are clearly not just riding hype — they are leading Solana’s DEX surge with serious liquidity.
Thus, while social media celebrated the $900 billion number as a headline moment, the real story is this: Solana’s DEX economy has already shattered $1 trillion in 2025 volume, quietly establishing itself not just as an Ethereum alternative but as a main stage player in the decentralized trading world.
Vladislav Sopov
U.Today Editorial Team