DeFi· ★★★· neutral·

Solana DEX volume rises 23% to $197.2B in Q3

  • —Solana DEX volume hit $197.2B, 36% of all chains
  • —App revenue reached $299.1M, with Pump.fun at 41%
  • —Network REV was $75.7M; tokenholder net income -$0.6M
  • —Memecoin share of volume rose from 16% to 29%
Why it matters: Volume and app revenue growth is not translating into tokenholder income, keeping Solana's token economics in focus.
#SOL
Source: TokenPost
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