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    Trader Joe DEX Swaps and Lending (Last 30 Days)

    hexagon

    Flipside AI

    Trader Joe's Avalanche DEX demonstrates robust DeFi activity with 98,336 unique wallets and $2.19 billion in total swap volume over the last 30 days. The platform dominates the ecosystem, representing over 60% of total swap transactions and attracting over 4,000 unique wallets. Lending activities show high volatility, with withdrawals accounting for 55% of transactions and significant daily fluctuations, including a peak deposit volume of over $157K in a single day.

    Trader Joe is a decentralized finance (DeFi) platform built on Avalanche (AVAX). It started as a decentralized exchange (DEX) but has expanded into a DeFi ecosystem offering services like:

    1. DEX (Swaps & Liquidity Pools) – Allows users to swap tokens and provide liquidity for trading fees.

    2. Lending & Borrowing (Banker Joe) – Users can supply and borrow assets, similar to Aave.

    3. Yield Farming & Staking – Users earn rewards by staking JOE tokens or providing liquidity.

    4. Launchpad (Rocket Joe) – Helps new projects bootstrap liquidity.

    5. NFT Marketplace (Joepegs) – Facilitates NFT trading on Avalanche.

    Documentation: https://docs.traderjoexyz.com/

    This dashboard gives an analysis of Lending & Borrowing services and Swapping activities

    db-image-image--Ydq
    SWAPPING ACTIVITIES
    LENDING AND BORROWING ACTIVITIES
    TRADER JOE vs OTHER DEXs SWAP ACTIVITIES
    Disclaimer: Flipside AI is here to help but it can make mistakes. Always review outputs and use the upvote/downvote buttons to help us improve. This content is not financial advice.