Data: Slerf's trading volume in the past 24 hours exceeded $2.7 billion, surpassing the total trading volume of all DEXs on the Ethereum chain during the same period

ChainCatcher news, according to CoinDesk, the Solana ecosystem meme coin Slerf exceeded the trading volume of all Ethereum-based exchanges on its launch day.

According to data from DEXScreener, the sloth-themed token Slerf, released during the Asian morning session on Monday, had a trading volume of over $2.7 billion in the past 24 hours, which includes 800,000 transactions from 130,000 individual traders.

According to CoinGecko data, over $1.7 billion of that trading was conducted through the Solana ecosystem DEX Raydium.

In contrast, according to DefiLlama data, the cumulative processing volume of trading applications on Ethereum is $2.3 billion, which is the total of all transactions settled on the Ethereum blockchain, such as those from trading, lending, and borrowing applications.