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In July, decentralized exchanges (DEX) based on the Solana network surpassed Ethereum in terms of trading volume for the first time.  According to DeFiLlama data, Solana protocols accounted for 30% of the total transaction volume of decentralized exchanges, while Ethereum had 28.12%.  Solana's DeFi ecosystem processed $56.849 billion in transactions, compared to Ethereum's $53.867 billion, the report said.

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