Hedera has seen a noticeable increase in on-chain activity over the past week, with decentralized exchange volume rising quickly and total value locked also moving higher.
Data from DefiLlama shows Hedera DEX volume increased by 55% over the past seven days, reaching roughly $49.32 million.
At the same time, the network’s TVL rose by nearly 5% in the past 24 hours, adding another positive signal for ecosystem activity.
SaucerSwap Leads the Increase
September 29 was the busiest day during the recent run.
Hedera processed more than $17 million in DEX trading volume that day, with SaucerSwap leading activity across the network.
Hedera’s Network Activity is ripping hard! The @Hedera blockchain has continued to gain traction in recent weeks. The chain has already recorded a nearly 5% increase in TVL in the past 24 hours. However, this is not the most notable update. According to DefiLlama data, Hedera’s DEX volume has increased by 55% in the past week, with $49.32 million in trading volume processed on the network. September 29 saw the most activity. On that day, Hedera recorded over $17M in trading volume across DEXes, with @SaucerSwapLabs leading the pack.
— BSCN (@BSCNews) October 5, 2026
That matters because stronger DEX volume usually points to more actual usage rather than simple speculative interest around the token itself.
More trading activity means users are interacting with Hedera-based liquidity pools, swapping assets, and moving capital through decentralized applications.
Read also: We Asked 3 AI Models If Hedera Price Can Reach $1 in 2027
Hedera’s On-Chain Activity Is Improving
The combination of higher TVL and higher DEX volume gives Hedera a stronger network story than price alone.
TVL measures how much capital is locked across DeFi protocols, so a 5% daily increase shows fresh funds entering the ecosystem.
The 55% weekly jump in DEX volume adds another layer, because it shows that capital is actively being used.
That is usually a healthier signal than TVL rising without a matching increase in transactions.
For HBAR holders, the main takeaway is that Hedera is seeing more real network activity at a time when interest in the ecosystem is already improving.
Recent attention around AI, enterprise use cases, and ETF demand has helped bring Hedera back into focus, and stronger DeFi activity gives the network another source of momentum.
The next question is whether this pace can continue.
If weekly DEX volume stays elevated and TVL keeps moving higher, Hedera could start building a more convincing growth trend across its DeFi ecosystem.
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