Who are the top decentralized exchanges (DEX) ranked by revenue over the past 30 days that have truly generated actual trading volume?

$HYPE: 61.79 million USD

$EDGX: 16.17 million USD

$AERO: 6.58 million USD

$JUP: 5.19 million USD

$CAKE: 3.97 million USD

$LIGHT: 3.55 million USD

$UNI: 3.11 million USD

$OSTIUM: 1.67 million USD

$HYPE is not a competitor. Its revenue is nearly 4 times that of the second-ranked decentralized exchange.

Real-time trading decentralized exchanges (DEX) occupy the top two spots. Spot trading DEXs, such as $UNI and $CAKE, although still profitable, lag behind in revenue efficiency.

$AERO quietly holds the top position in DEX with a market capitalization of 6.58 million USD.

Focus on fees, everything else is noise.