Pharaoh Exchange Drives 75% of Avalanche DEX Volume Over 30 Days
- —Pharaoh handled $3.11B of AVAX's $4.16B 30-day DEX volume
- —Avalanche network volume rose 43.29% versus the prior 30-day window
- —Pharaoh's TVL is $43–53M against $2.83M in fees and $2.75M in revenue
- —Weekly AVAX DEX volume hit $1.13B, the highest since March
Why it matters: Liquidity concentration in a single venue boosts capital efficiency but leaves Avalanche exposed if that venue falters.
Source: TronWeekly