Solana's decentralized exchange (DEX) ecosystem is on fire, folks. For the 16th straight week, it's outpacing every other blockchain in total trading volume, clocking in at a whopping $24.283 billion. If you're knee-deep in meme tokens or just dipping your toes into Solana's high-speed DeFi waters, this is the kind of momentum that screams opportunity. We're talking lightning-fast swaps, rock-bottom fees, and a playground perfect for those viral, community-driven meme plays.

The latest snapshot from Solana Daily breaks down the top 10 DEX performers from December 1 to 7, 2025. It's a who's who of protocols powering everything from quick meme token launches to sophisticated yield farming. Let's dive in—no jargon overload, just the good stuff to help you spot the next big swap hub.

1. Humidifi – $8.98 Billion

Kicking things off is Humidifi, a rising star in Solana's liquidity game. This DEX is all about efficient, concentrated liquidity pools that minimize slippage for high-volume trades. Perfect for meme token degens chasing those 10x pumps without getting rekt on fees. With nearly 40% of the week's total volume, it's clear why traders are flocking here.

2. Tessera V – $3.08 Billion

Tessera's fifth iteration brings advanced order types and MEV protection to the table. Think of it as your smart wallet's best friend—routing trades across multiple venues for the best prices. If you're swapping meme coins like $DOG or $PEPE variants on Solana, Tessera's got the tools to keep things smooth and secure.

3. Orca – $2.47 Billion

Ah, Orca—the OG of Solana DEXes. Known for its user-friendly interface and beautiful whirlpools (their liquidity pools), it's a go-to for beginners and pros alike. Orca's constant product AMM model ensures fair pricing, making it ideal for discovering and trading emerging meme tokens before they hit the moon.

4. Raydium – $1.49 Billion

Raydium has been a Solana staple since day one, blending an order book with AMM for hybrid trading magic. It's deeply integrated with Serum (RIP, but the vibes live on), and it's where a ton of new Solana meme launches get their initial liquidity. Volume like this? It's a sign Raydium's still the backbone for serious token action.

5. Meteora – $1.38 Billion

Meteora's dynamic vaults and fee optimization are turning heads. This DEX focuses on sustainable liquidity provision, rewarding LPs with better yields. For meme token hunters, it's a hotspot for spotting undervalued gems amid the hype—especially with its cross-protocol integrations.

6. Pump.fun – $1.35 Billion

No list is complete without Pump.fun, the meme coin launchpad that's basically Solana's wild west. One-click token creation, instant liquidity, and bonding curves that reward early birds. It's exploded in popularity for birthing viral memes, and this volume proves it's not slowing down. If you're building or buying the next $WIF, start here.

7. SolFi – $926 Million

SolFi keeps it simple with straightforward swaps and staking rewards. It's gaining traction among retail traders for its low entry barriers—great for experimenting with small-cap meme tokens without the complexity.

8. GoonFi – $605 Million

GoonFi's niche? High-leverage perpetuals wrapped in a meme-friendly UI. It's for the bold: traders who want to amp up their meme bets with up to 100x leverage. Volume's climbing as Solana's speed makes these trades feasible without the gas wars of Ethereum.

9. AlphaQ – $383 Million

AlphaQ specializes in alpha-hunting tools, like predictive analytics for token launches. It's a data nerd's dream, helping you sift through meme noise to find real signals. Steady volume here shows savvy traders are using it to stay ahead of the curve.

10. Manifest – $321 Million

Rounding out the list, Manifest offers intent-based trading—tell it what you want, and it executes across DEXes. It's efficient for portfolio rebalancing, especially when rotating into hot meme sectors like AI-themed Solana tokens.

What does this all mean for the meme token crowd? Solana's DEX dominance isn't just numbers; it's a thriving ecosystem where ideas turn into tokens overnight. Platforms like Pump.fun are democratizing launches, while heavyweights like Raydium and Orca provide the liquidity backbone. Total weekly volume at $24B? That's more than many centralized exchanges see, underscoring Solana's edge in speed and cost.

If you're a blockchain practitioner looking to level up, keep an eye on these protocols. They're not just trading spots—they're where the next meme supercycle brews. Pro tip: Pair this intel with our meme token knowledge base for deeper dives into Solana's tech stack.

Stay swapped, Solana fam. What's your go-to DEX for meme flips? Drop it in the comments.