Key Notes
- OKX’s data dashboard on Dune offers insights into DEX activities and cross-chain swaps.
- The exchange’s bridge aggregator supports 20+ networks, offering the best prices and bridging solutions.
- Solana leads the DEX ecosystem with over 71% of transaction volume.
OKX has announced on its official X page that it is now live on the top crypto on-chain platform, Dune, thereby allowing users to gain insights into decentralized exchange (DEX) activities across multiple blockchains.
Dune, widely used by developers and analysts, specializes in visualizing blockchain data to help users track trends across various networks. Thus, integrating the OKX dashboard on Dune further allows users to access and analyze data from the OKX decentralized aggregator.
The exchange wrote on the Dune Dashboard that its bridge aggregator fully supports all major cross-chain bridges for over 20 networks and is readily available to help users get the best prices while also covering their bridging needs. OKX stated:
“Our bridge aggregator supports all major cross-chain bridges for 20+ networks. We’re here to help you find the best prices and cover all your bridging needs.”
The dashboard provides users with detailed metrics, including daily transaction volumes and cross-chain swap data across major networks such as Solana, Ethereum, BNB, Optimism, Base, Polygon, Linea, and more. Additionally, other networks such as CRO, Ton, Aptos, Sui, Apechain, Tron, and a few others will be included soon.
Solana’s Leading Role and PENGU’s Trading Surge
The data provided by Dune showed that Solana has a dominant position in the DEX ecosystem, recording more than $91,348,630, which is over 71% of transaction volume in the last 12 hours. The dashboard also revealed daily trading volumes of $292 million, with over 1.1 million cross-chain swaps. The number of users in the last 24 hours was also reflected, showing more than 382,000.
According to data on OKX DEX, PENGU has become the most traded token in the last 24 hours, amassing a trading volume of more than 1 million. The excitement around the token doesn’t come as a surprise, as the exchange announced yesterday that the token is now live on its platform, along with an additional giveaway of 40,000,000 PENGU. The price of the token has, however, depreciated by more than 23% in the last 24 hours.
Advancing Transparency in Decentralized Finance
OKX’s integration with Dune reflects a broader trend of enhancing transparency and accessibility in the cryptocurrency ecosystem. Before now, Dune had integrated with other top blockchain networks such as Stellar and Worldcoin, which recently adopted Dune’s analytics tools. Dune itself has outlined plans to integrate over 50 blockchains from the Polkadot ecosystem, further solidifying its position as a go-to platform for blockchain data.
Dune’s platform has grown to be a popular choice as it allows users to customize their data exploration, filtering by blockchain, time periods, or even specific time zones. This flexibility makes it a powerful tool for those seeking in-depth blockchain insights.
Through this collaboration, OKX and Dune are empowering crypto users with an unmatched ability to explore and analyze decentralized exchange activity, setting a new benchmark for transparency in the industry.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Temitope is a writer with more than four years of experience writing across various niches. He has a special interest in the fintech and blockchain spaces and enjoy writing articles in those areas. He holds bachelor’s and master’s degrees in linguistics. When not writing, he trades forex and plays video games.
