Q3 2023: Top 10 DEX Spot Trading Volume Hits $105B, Down 31.2% from Q2

CoinGecko's Q3 cryptocurrency industry report reveals that the total trading volume for the top 10 DEXs in Q3 2023 was $105 billion, a 31.2% decrease from the second quarter. THORChain had the largest percentage gain in Q3 2023, with a trading volume increase of 113%, totaling $1.27 billion. Sushi.com, which has been a DEX mainstay since 2020, dropped out of the top 10 in Q3 2023. Orca claimed the dominant position with a 1% market share by the end of September.