What are the best DEXs for crypto trading?

Question

Accepted Answer

Here are the top DEXs right now, ranked by 24-hour trading volume (per DefiLlama). Volume and fee figures are the real usage signal here.

#	DEX	24h Volume	24h Fees	Protocol Revenue	TVL	Chains
1	Uniswap V4	$1.06B	$2.09M	$0	$953M	Ethereum, Base, many more
2	Uniswap V3	$992M	$1.73M	$371K	$1.58B	Ethereum, Base, Arbitrum, ~50 more
3	PancakeSwap V3	$731M	$320K	$103K	$310M	BNB, Ethereum, Base, Solana
4	PumpSwap	$568M	$3.81M	$674K	$329M	Solana
5	Aerodrome Slipstream	$479M	$242K	$180K	$133M	Base
6	BisonFi	$411M	—	—	—	Solana
7	Orca DEX	$307M	$208K	$27K	$262M	Solana
8	Hyperliquid (spot)	$258M	$128K	$98K	$160M	Hyperliquid L1

A few observations worth noting rather than skipping over:

Uniswap dominates the multi-chain spot-DEX space — V3 and V4 together clear $2B in daily volume. V4's protocol revenue reads $0 largely because fees at current levels stay under the hook thresholds for many pools, while V3 still captures real protocol revenue ($371K/day).
PumpSwap is the interesting outlier: it ranks 4th by volume but 1st by fees ($3.81M/day) and 2nd by protocol revenue — meme-token volume on Solana is disproportionately fee-generative relative to its trade size.
BisonFi (a "Prop AMM" on Solana) shows volume but no fee/TVL data — DefiLlama hasn't captured its on-chain economics yet, so treat its ranking as volume-only.
Most of the list is split between two ecosystems: Ethereum/Base (Uniswap, Aerodrome) and Solana (PumpSwap, BisonFi, Orca). Hyperliquid is its own Layer 1.

For actually routing swaps efficiently across chains, aggregators are usually the more practical entry point than a single AMM — the curated directory currently has no DEX-aggregator entries to point you to, so I won't invent one. If you tell me which chain and what you're trying to do (meme coins, large swaps, perps), I can pull the relevant venues and verified buy links.