Coinbase

Asset trading volume is the total value of trades involving a specific asset executed on decentralized exchanges, broken out by the exchange and product where the trade was executed (venue). Integrated venues include Uniswap, Aerodrome, PancakeSwap, and Fluid, among others, with coverage expanding as more are added. Each trade is attributed to both tokens in the pair — a "sell" leg for the token sold and a "buy" leg for the token bought — so a token's volume reflects every trade it participated in, from either side.Learn more