What are the best DeFi protocols?

What are the best DeFi protocols?

Here are the top spot DEX/AMM protocols right now, ranked by 24-hour trading volume (per DefiLlama). Fee revenue and TVL are shown as extra context — revenue is the protocol's own cut of fees, separate from total fees.

Top DeFi protocols (by 24h volume)

  1. Uniswap V4 — flagship DEX, multi-chain. $1.56B volume, $2.23M fees/day, $951M TVL. Fee revenue not tracked. → Uniswap
  2. PumpSwap — the native DEX for pump.fun (Solana meme tokens). $1.46B volume, $4.66M fees/day (highest in the list), $360M TVL. → PumpSwap
  3. Uniswap V3 — Uniswap's concentrated-liquidity version, widest chain coverage. $1.20B volume, $1.95M fees/day, $1.48B TVL (highest). → Uniswap
  4. PancakeSwap AMM V3 — BNB-chain DEX, now multi-chain incl. Solana. $694M volume, $335K fees/day, $316M TVL. → PancakeSwap
  5. Aerodrome Slipstream — central trading hub on Base. $549M volume, $320K fees/day, $131M TVL. → Aerodrome
  6. BisonFi — Solana prop AMM. $417M volume; fees/TVL partially untracked ($19.6M TVL).
  7. Orca DEX — Solana AMM. $365M volume, $276K fees/day, $265M TVL. → Orca
  8. Metric V2 — multi-chain DEX. $261M volume, fees untracked, $4.8M TVL.

A couple of observations worth noting, not directives:

  • PumpSwap's fee revenue ($932K/day) is by far the highest per-volume ratio here — that's the pump.fun model capturing a large cut, driven by meme-coin trading intensity on Solana.
  • Uniswap V4 leads on volume but shows zero protocol revenue — its fee switch isn't being collected the way V3's (which shows $439K/day) is.

I checked our curated tools directory for a DeFi DEX/aggregator match to pair with this, but there's nothing in it for this category right now, so I've linked each protocol directly to its own site above instead.

Want me to pull live prices on a specific coin from any of these (e.g. Uniswap's token, PancakeSwap's CAKE, or an Orca-listed Solana project), or check what's trending today?

Generated September 1, 2026 byCoinAII — not financial advice.