DEX Volumes on SOL vs ETH (March 13, 2026): Yes, We Should Still Be Providing Liquidity
If you want to know whether liquidity provision still makes sense in March 2026, the first question is simple: is real trading flow still there?
As of March 13, 2026, the answer is clearly yes. DEX traders are still moving billions of dollars a day across Solana, Ethereum, Base, BSC, and Arbitrum. That does not mean every pool is worth touching, but it does mean the raw material for LP returns, swap volume, is absolutely still present.
Market Snapshot
Prices below are a publication-time snapshot taken around 5:25 PM EDT on March 13, 2026 using CoinGecko. You can verify the live asset pages for SOL, ETH, BTC, UNI, ORCA, and RAY.
| Asset | Price (USD) |
|---|---|
| SOL | $88.94 |
| ETH | $2,112.47 |
| BTC | $71,361 |
| UNI | $4.04 |
| ORCA | $0.95 |
| RAY | $0.62 |
DEX Volume Snapshot By Chain
The volume data below came from DefiLlama's live DEX overview endpoints for all DEXs, Solana, Ethereum, Base, BSC, and Arbitrum. TVL came from DefiLlama's chain TVL endpoint.
| Chain | 24h DEX Volume | 7d DEX Volume | 30d DEX Volume | Chain TVL | 24h Volume / TVL |
|---|---|---|---|---|---|
| Solana | $2.19B | $14.43B | $74.84B | $6.97B | 31.5% |
| Ethereum | $1.98B | $9.98B | $50.09B | $56.96B | 3.5% |
| Base | $828.50M | $5.25B | $25.28B | $4.17B | 19.8% |
| BSC | $928.95M | $6.49B | $32.13B | $5.82B | 16.0% |
| Arbitrum | $372.22M | $2.56B | $11.49B | $2.02B | 18.4% |
What The Numbers Say
1. Solana is still the fastest-turning LP arena
Solana is doing about $2.19B in 24-hour DEX volume on only $6.97B of chain TVL. That is a very high turnover rate for an LP ecosystem. In plain English: capital on Solana is still getting used.
That matters more than headlines. Fee generation comes from trades, not vibes.
2. Ethereum is still the deepest blue-chip LP market
Ethereum's $1.98B in 24-hour DEX volume is slightly below Solana's in this snapshot, but the quality of the flow is still extremely important. Ethereum remains the home of the most established blue-chip LP pairs, the deepest stablecoin liquidity, and the most battle-tested DEX venues.
For LPs who care about durability, not just speed, Ethereum still deserves capital.
3. Base and Arbitrum are serious extensions of ETH liquidity
Base at roughly $828M in 24-hour DEX volume and Arbitrum at about $372M are not side notes anymore. They are part of the broader ETH liquidity universe. If you are allocating around ETH-denominated strategies, these chains matter because they offer strong turnover without mainnet gas pain.
Where The Volume Is Actually Landing
On Solana, the biggest DEX venues in this snapshot were:
- PumpSwap, visible in DefiLlama's Solana DEX overview, at about $416M in 24h
- Orca DEX, visible in DefiLlama's Solana DEX overview, at about $351M in 24h
- Meteora DLMM, visible in DefiLlama's Solana DEX overview, at about $253M in 24h
- Raydium AMM, visible in DefiLlama's Solana DEX overview, at about $240M in 24h
On Ethereum, the biggest DEX venues in this snapshot were:
- Uniswap v3, visible in DefiLlama's Ethereum DEX overview, at about $702M in 24h
- Uniswap v4, visible in DefiLlama's Ethereum DEX overview, at about $591M in 24h
- Fluid DEX, visible in DefiLlama's Ethereum DEX overview, at about $280M in 24h
- Curve DEX, visible in DefiLlama's Ethereum DEX overview, at about $217M in 24h
The takeaway is not "ape into every hot venue." It is this:
- On Solana, the flow is real and fast.
- On Ethereum, the flow is deep and durable.
- On Base and Arbitrum, ETH-linked LP capital has more room to work than many people assume.
So, Should We Be Providing Liquidity?
Yes.
But the good version of yes is: yes, in liquid, high-turnover, blue-chip pools where volume is repeatable.
That means the best candidates are still things like:
- SOL/USDC on Solana
- ETH/USDC on Ethereum or Base
- WBTC/ETH where the fee tier and range make sense
- Select stablecoin pairs when you want lower directional risk
That does not mean every memecoin pool is worth the risk just because it is printing volume for a day. High volume can be profitable, but it can also be toxic if the order flow is one-sided, the asset quality is poor, or the pool is being farmed by better bots than you.
Our LP Read Right Now
If we are managing real capital today, the case for LPing is still intact:
- Solana deserves LP capital because turnover is enormous relative to TVL and rebalancing friction is low.
- Ethereum deserves LP capital because absolute volume is still massive and the best blue-chip pools live there.
- Base deserves attention because it offers strong activity with much lower friction than mainnet.
The main adjustment is not whether to LP. It is how selective to be.
We would rather provide liquidity in a boring, high-volume pair for weeks than chase a flashy pool that blows up in two days.
Bottom Line
As of March 13, 2026, DEX volume is still very real. Solana and Ethereum alone are combining for about $4.17B in 24-hour DEX volume, and the broader market is still clearing about $7.73B in daily onchain trading volume according to DefiLlama's DEX overview.
So yes, we should still be providing liquidity.
Just do it where the flow is deep, the assets are real, and the fees have a chance to outlast the hype.