Phoenix, a crypto analytical platform, has released the list of the top 10 best-performing decentralized exchanges (DEXs) for the last month. In the given list, Uniswap stands at the first position with $3.92B total volume locked (TVL), with Coins/Pairs figure of 6985/16,878, and holding a huge volume of $13.14B by the last 7D. Furthermore, this exchange has 5.50M active users, over the last 30 days, with a collective volume of $79.97B over the last 30 days. TOP DEXES BY VOLUME IN THE LAST MONTH#Uniswap – $79.97B#PancakeSwap – $70.56B#Meteora – $19.05B#Aerodrome – $16.91B#Raydium – $15.80B#Orca – $14.33B#Curve – $13.91B#Hyperliquid – $8.07B#PumpSwap – $6.78B#Aster – $3.58B pic.twitter.com/jUByKFMWbU— PHOENIX – Crypto News & Analytics (@pnxgrp) December 1, 2025 PancakeSwap remains runner-up in this race with 30D volume of $70.56B, having a crowd of 6.60M active users, with a total of 3454 coins and 7167 pairs. It also holds TVL of $2.52B with 7D volume of $11.51B. Meteora is also in this queue with 1022/40,162 by coins/pairs, with TVL of $665.06M, 2.80M are users using this platform for the last 30D, and holding 7D volume of $2.53B with collective volume of $19.05B by last 30D. Aerodrome Secures 4th as Radium, Orca, and Curve Show Strong Metrics Aerodrome secured fourth rank with a collective 30D volume of $16.91B, TVL value of $426.26M, with fewer numbers of 581/820 coins/pairs, active users of 625.00K, and holds $8.82B volume over the last 7Days. Next one is Radium, having a figure of 3.90M active users, with $1.40B TVL of 3326/6319 coins/pairs, also has $3.56B 7D volume and $15.80B 30D volume side by side. Orca exchange also has distinguished figures of $14.33B 30D volume to show its importance in other exchanges.  Moreover, it engaged 582.20K active users over the past 30D, with 7D volume of $2.51B, and TVL of $337.24M with coins/pairs figure of 482/2398. Curve has $2.07B TVL with 7D volume of $2.40B, there are 56.70K active users under this exchange, with a total volume of $13.91B 30D volume. It also has 255/547 coins/pairs. Hyperliquid Edges above PumpSwap and Aster Despite Limited Trading Pairs Hyperliquid has the third last position in all the exchanges, which are given in the list. Hyperliquid holds a collective volume of $8.07B over the last 30D, with a TVL value of $4.30B, and has $1.56B 7D volume. But the distinguishing thing about hyperliquid is its coins/pairs 54/64 value, which is the lowest in the given list of exchanges with 297.90K active users over the last 30D.    PumpSwap is in the second last position with a TVL of $202.19M with a collective volume of $6.78B over the last 30 days, and 1.40M active users are linked with this exchange over the past 30Days. Moreover, it has 910/8743 coins/pairs value along with $1.40B by the last 7D volume. Last but not least, Aster remains at the end of this list with $3.58B collective volume by 30D, a $1.39B TVL, 119/130 coins/pairs, and having active users of 3.00K. It also holds $293.02M value of 7D volume. Phoenix, a crypto analytical platform, has released the list of the top 10 best-performing decentralized exchanges (DEXs) for the last month. In the given list, Uniswap stands at the first position with $3.92B total volume locked (TVL), with Coins/Pairs figure of 6985/16,878, and holding a huge volume of $13.14B by the last 7D. Furthermore, this exchange has 5.50M active users, over the last 30 days, with a collective volume of $79.97B over the last 30 days. TOP DEXES BY VOLUME IN THE LAST MONTH#Uniswap – $79.97B#PancakeSwap – $70.56B#Meteora – $19.05B#Aerodrome – $16.91B#Raydium – $15.80B#Orca – $14.33B#Curve – $13.91B#Hyperliquid – $8.07B#PumpSwap – $6.78B#Aster – $3.58B pic.twitter.com/jUByKFMWbU— PHOENIX – Crypto News & Analytics (@pnxgrp) December 1, 2025 PancakeSwap remains runner-up in this race with 30D volume of $70.56B, having a crowd of 6.60M active users, with a total of 3454 coins and 7167 pairs. It also holds TVL of $2.52B with 7D volume of $11.51B. Meteora is also in this queue with 1022/40,162 by coins/pairs, with TVL of $665.06M, 2.80M are users using this platform for the last 30D, and holding 7D volume of $2.53B with collective volume of $19.05B by last 30D. Aerodrome Secures 4th as Radium, Orca, and Curve Show Strong Metrics Aerodrome secured fourth rank with a collective 30D volume of $16.91B, TVL value of $426.26M, with fewer numbers of 581/820 coins/pairs, active users of 625.00K, and holds $8.82B volume over the last 7Days. Next one is Radium, having a figure of 3.90M active users, with $1.40B TVL of 3326/6319 coins/pairs, also has $3.56B 7D volume and $15.80B 30D volume side by side. Orca exchange also has distinguished figures of $14.33B 30D volume to show its importance in other exchanges.  Moreover, it engaged 582.20K active users over the past 30D, with 7D volume of $2.51B, and TVL of $337.24M with coins/pairs figure of 482/2398. Curve has $2.07B TVL with 7D volume of $2.40B, there are 56.70K active users under this exchange, with a total volume of $13.91B 30D volume. It also has 255/547 coins/pairs. Hyperliquid Edges above PumpSwap and Aster Despite Limited Trading Pairs Hyperliquid has the third last position in all the exchanges, which are given in the list. Hyperliquid holds a collective volume of $8.07B over the last 30D, with a TVL value of $4.30B, and has $1.56B 7D volume. But the distinguishing thing about hyperliquid is its coins/pairs 54/64 value, which is the lowest in the given list of exchanges with 297.90K active users over the last 30D.    PumpSwap is in the second last position with a TVL of $202.19M with a collective volume of $6.78B over the last 30 days, and 1.40M active users are linked with this exchange over the past 30Days. Moreover, it has 910/8743 coins/pairs value along with $1.40B by the last 7D volume. Last but not least, Aster remains at the end of this list with $3.58B collective volume by 30D, a $1.39B TVL, 119/130 coins/pairs, and having active users of 3.00K. It also holds $293.02M value of 7D volume.

                                                                               Regulations must evolve for tokenized real-world assets to be better integrat