DEX volume rises 9.5% to $9.7B in 24 hours as Papertrade surges 5343%
- —Total DEX volume hit $9.7B in 24 hours, up 9.5% daily but down 2.2% weekly
- —Paper/USDC on Base gained 5343%, Metric on Solana rose 1403%
- —binancians/USDT on BNB Chain was the biggest loser, down 70%
- —Top volume pairs: BABAB/USDT at $657M, xdp/USDC at $153.3M
Why it matters: Rising daily DEX volume against a weekly decline points to short-term meme-coin speculation rather than sustained capital inflows.
Source: TokenPost