KEY HIGHLIGHT: Osmosis DEX

• Trading Volume Surge: March 2024 witnessed a significant surge in trading volume on the Osmosis DEX, continuing the momentum from December 2023. The trading volume peaked at an impressive $1.968 billion, marking a notable increase in trading activity.

• Highest Swap Activities: Alongside the surge in trading volume, March 2024 also saw the highest recorded swap activities on Osmosis. A total of 3.999 million swaps occurred during this period, indicating heightened liquidity and transactional engagement on the platform.

• TVL Breaks All-Time High: According to data sourced from DefiLama, the Total Value Locked (TVL) on Osmosis reached a milestone in March 2024. Surpassing its previous peak in January 2023, the TVL soared to $291 million, reflecting growing confidence and participation in the Osmosis ecosystem.

These key highlights underscore the significant growth and vibrancy of the Osmosis DEX during March 2024, affirming its position as a prominent player in the decentralized finance landscape.