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OKX’s 2025 state of DEX report: Solana, AI innovation, and more

Solana leads 2025 DEX market with 48% volume due to low fees and fast transactions. Ethereum attempts to maintain relevance through upgrades. Asia eclipses North America as the hub of DEX innovation, influenced by regulatory flexibility and institutional interest.

Liquidity remains a significant challenge for DEX platforms, impacting growth. The report forecasts that successful DEXs will balance interests of all stakeholders and attract liquidity providers to enhance trading experiences.

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