Which chains are actually busy?

Recent DEX trading slowed across most tracked chains

The route is called Chain GDP, but this is not economic GDP. It compares gross DEX trading, fees and value held. The same money can trade more than once.

Rolling 30-day comparison · 9 chains with complete core fields

Solana$79.1B

Ethereum$43.2B

BSC$37.9B

Base$29.5B

Polygon$7.1B

Arbitrum$6.6B

Avalanche$3.1B

Tron$1.4B

Gross DEX trading · 30 days$209.2BTrading activity, not new money

Largest chain share37.8%Solana

Chains speeding up1 of 97-day daily pace above 30-day pace

Without the leader$130.1BThe remaining tracked activity

Fastest turnoverSolana13.5 times value held

Most feesSolana$412.0M

Largest value heldEthereum$50.1B

Coverage9 chainsMissing denominators excluded

Is the faster pace broad?

The recent seven-day daily pace is compared with the 30-day daily pace. It shows acceleration, not fresh users or fresh deposits.

Chain30-day tradingTracked shareRecent pace30-day feesTrading / value held

Solana$79.1B37.8%-13.0%$412.0M13.5×

Ethereum$43.2B20.7%-7.9%$325.7M0.9×

BSC$37.9B18.1%-17.6%$97.3M6.8×

Base$29.5B14.1%-10.6%$67.3M5.3×

Polygon$7.1B3.4%+35.1%$40.2M9.1×

Arbitrum$6.6B3.2%-8.4%$17.6M4.8×

Avalanche$3.1B1.5%-21.1%$8.8M6.4×

Tron$1.4B0.6%-11.5%$8.2M0.3×

Sui$1.3B0.6%-41.6%$3.3M2.9×

Trading and fees can disagree.

Solana produced the most reported fees. Solana led gross trading. A chain can process a lot of low-fee trading without producing the most fee income.

Trading leaderSolana$79.1B

Fee leaderSolana$412.0M

Does the headline survive without the leader?

Remove Solana and $130.1B of gross 30-day trading remains across 8 chains. The market is still large, but 37.8% depends on one chain.