Solana的Raydium在一月份超过Uniswap作为顶级DEX

总部位于Solana的分散交换Raydium在1月份以所有DEX量占27.1％。这比12月的18.8％大幅增加

Solana-based decentralized exchange Raydium has taken the number one spot among DEXes in terms of trading volume for the month of January, according to data from The Block. The Block’s analysis of centralized and decentralized exchange volumes showed that Raydium led the pack with 27.1% of all DEX trading volume. This marks a significant increase from Raydium’s 18.8% share in December.

根据该街区的数据，总部位于Solana的分散交易所Raydium在1月份的交易量方面已在Dexes中排名第一。该块对集中式交换量的分析表明，Raydium以所有DEX交易量的27.1％领先。这标志着12月Raydium的18.8％份额有了显着增长。

Meanwhile, Uniswap, which has historically dominated the DEX market, saw its market share shrink substantially over the same period. Commencing the year with an impressive 34.5% of the market, Uniswap experienced a decline in its market share, which dropped to 22% by January. Several factors have contributed to this shift, including increased competition from Solana-based DEXes and growing dissatisfaction within the Ethereum community regarding the perceived lack of development and innovation within the Ethereum ecosystem.

同时，历史上占主导地位的DEX市场的Uniswap在同一时期看到其市场份额大大缩小。 UNISWAP以令人印象深刻的市场占34.5％的年份开始，其市场份额下降，到一月份下降到22％。有几个因素导致了这一转变，包括从基于Solana的Dexes和以太坊社区中对以太坊生态系统中缺乏发展和创新的竞争加剧。

The Rise of Raydium and the Solana Ecosystem索拉纳链上DEX交易所 Raydium，上个月一举超越了去中心化交易所龙头 Uniswap，成为了新的 DEX 冠军。

According to The Block, Raydium had 27.1% of all DEX trading volume for the month of January. This was up from 18.8% of DEX trading volume in December 2024, marking a substantial month-over-month growth for the Solana-based DEX.

根据该街区的数据，Raydium在一月份的所有DEX交易量中的27.1％。这是2024年12月DEX交易量的18.8％，标志着基于Solana的DEX的月份增长幅度很高。

Uniswap, which has historically been the clear leader in the decentralized exchange market, experienced a significant shrinking of its market share over this very same window. By January, the share of the Ethereum-based platform had dropped to 22%, down from an impressive 34.5% in December. Several elements accounted for this dip in Uniswap’s supremacy, most notably the platform’s increased rivalry with Solana-based decentralized exchanges and a nascent unhappiness in the Ethereum community over what was perceived as insufficient development and innovation in the Ethereum ecosystem.

从历史上看，Uniswap一直是分散的交易市场中明确的领导者，它在同一窗口上经历了其市场份额的大幅缩小。到一月份，基于以太坊的平台的份额已降至22％，低于12月的34.5％。 Uniswap的至高无上的几个要素造成了这种倾向，最值得注意的是该平台与基于Solana的分散交易所的竞争增加，以及以太坊社区对以太坊生态系统中不足的发展和创新的不足。

Multiple factors are driving Raydium’s rapid ascent to the top, with two of the most prominent being the soaring popularity of meme coins and the rapid expansion of the Solana network. Throughout January, Solana-based exchanges, including Raydium, were not just performing well—they were performing exceptionally well. They processed five times more weekly transactions than Ethereum-based exchanges. “Given the efficient architecture of Solana’s blockchain, its decentralized exchange [Raydium] has a great chance at succeeding,” wrote Erwin M. on users.raydium.io.

多种因素将Raydium的快速上升推向顶部，其中两个最突出的是Meme Coins的飙升和Solana网络的快速扩张。在整个1月，包括Raydium在内的基于Solana的交流不仅表现良好，而且表现出色。他们处理的每周交易是基于以太坊的交易的五倍。 “鉴于Solana区块链的有效架构，其分散的交易所[Raydium]很有机会取得成功，” Erwin M. On Users.Raydium.io。

Raydium’s soaring share of the market also stems from the Solana network’s surreal explosion of meme coins. One of the big winners was the official Trump token (TRUMP), which rode a wave of notoriety and turned up the volume on Raydium’s trading activities. As meme coin bashers and enthusiasts piled into the platform, Raydium served up the Solana network’s number one meme coin token and further cemented its status as the district’s trading hub for January 2023.

Raydium在市场上的飙升也源于Solana网络对Meme硬币的超现实爆炸。最大的赢家之一是官方的特朗普代币（特朗普），该官员宣扬了一波臭名昭著，并提高了Raydium的贸易活动的数量。当Meme Coin Bashers和发烧友堆入该平台时，Raydium为Solana Network的第一枚Meme Coin代币提供了服务，并进一步巩固了其作为该地区2023年1月的交易中心的地位。

There are many reasons why the platform is successful, not least of which are its distinct characteristics. These combine to create a trading environment that is almost the antithesis of an “exchange.” In fact, there are features that make it faster, cheaper, and better in various respects than a DEX (decentralized exchange) operating on the Ethereum blockchain. One of these features, which is comparatively rare among DEXes, especially those built on Ethereum, is what Raydium calls “robust liquidity pools.”

该平台成功的原因有很多，尤其是其独特的特征。这些结合起来创造了几乎是“交换”的对立面的交易环境。实际上，与在以太坊区块链上运行的DEX（分散交换）相比，在各个方面都可以使其更快，更便宜且更好。这些功能之一，在Dexes中相对罕见，尤其是基于以太坊的功能，是Raydium所说的“强大的流动性池”。

Ethereum’s Struggles and the Broader DEX LandscapeEven as Raydium took its turn in the spotlight, Ethereum-based exchanges such as Uniswap struggled in January to hold onto their market share. The growing frustration expressed by the Ethereum community over the perceived stagnation of its development seems only to have intensified in recent weeks. Upgrades to the network, including the much-anticipated transition to Ethereum 2.0, have not resolved the core issues of scalability and transaction speed. As a result, gas prices on the network continue to hover in the stratosphere.

以太坊的挣扎和更广泛的Dex landscapeeven随着Raydium的焦点转移，基于以太坊的交流（例如Uniswap）在一月份挣扎，以保持其市场份额。以太坊社区对其发展的停滞越来越大的挫败感似乎只是在最近几周加剧了。升级到网络，包括备受期待的以太坊2.0的过渡，尚未解决可扩展性和交易速度的核心问题。结果，网络上的汽油价格继续在平流层中悬停。

Some users of DeFi have sought alternatives on faster and cheaper blockchains because of these challenges. Solana—fast, cheap, reliable—offered a viable solution and an attractive new home for DeFi traders and liquidity providers. That was a double-win for Raydium since, as it turns out, a number of those Solana-based DeFi folks also like to use Raydium. But it’s not just Raydium ranked 3rd in DEXs with performance like this; other Solana-based DEXs—Orca and Meteora—have jumped in line for 4th and 5th place, respectively.

由于这些挑战，一些Defi的用户在更快，更便宜的区块链上寻求替代方案。 Solana（快速，便宜，可靠）为Defi贸易商和流动性提供商提供了可行的解决方案和有吸引力的新家。这是Raydium的双赢，因为事实证明，许多基于Solana的Defi人也喜欢使用Raydium。但这不仅仅是Raydium在Dex中排名第三，具有这样的性能。其他基于Solana的DEX（Orca和Meteora）分别排名第四和第五。

The main decentralized exchange (DEX) on the Binance Smart Chain (BSC), PancakeSwap, continued to hold a 17% share of the market. On the other hand, pressure was seen from the increasing presence of platforms based on Solana, with Raydium, in particular, coming to the fore.

Binance Smart Chain（BSC）（Pancakeswap）上的主要分散交易所（DEX）继续持有17％的市场份额。另一方面，从基于Solana的平台的增加中看到了压力，尤其是Raydium脱颖而出。

Uniswap’s Market Decline and the Future of

UNISWAP的市场下降和未来