Avalanche DEX Activities

Avalanche is a blockchain platform with the native currency AVAX. Avalanche is a competitor to Ethereum that prioritizes scalability and transaction processing speed. AVAX is used to secure the Avalanche blockchain and pay transaction fees across the network. There are several DEXs on Avalanche like trader Joe, sushi,gmx, curve,woofi etc Twitter - @TunmiseOlaoluw1 Discord - apostleoffinance Telegram - apostleoffinance

Trading Activities

Transaction by DEXs

User Activities by DEXs

Swappers Activities

Avalanche DEX ecosystem experiences significant growth with a total trading volume of $119.1 billion.
Trader Joe v1 leads in trading volume with $53.743 billion, followed by Trader Joe 2 at $22.262 billion.
Trader Joe v1 accounts for 45.96% of total engagement in Avalanche DEX.
Despite growth in trading volume, Avalanche sees a decline in daily DEX users.
Analysis shows 96.71% of wallets on Avalanche have conducted swap actions, leaving only 3.29% of wallets inactive in swaps.

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Avalanche DEX Activities