DeFi· ★★★· bearish·

Bitquery audit flags $144.1B of DEX volume as fake

  • —Of $340.3 billion examined, $144.1 billion (42%) failed the audit
  • —81% of flagged volume came from same-pool round trips in one transaction
  • —Solana accounted for 58.4% of its own $201.4 billion indexed volume
  • —On Base seven wallets drove 71.4% of flagged volume; on Arc two wallets drove 90.5%
Why it matters: Distorted DEX volume data misleads traders and aggregators judging token liquidity and market activity.
Source: NullTX