DeFi· ★★· neutral·

DEX volume falls 32% to $5.6B in a day as ALT token surges 4,034%

  • —DEX volume over 24 hours was $5.6B, down 32% day over day and up 8.3% on the week
  • —ALT/SOL gained 4,034%, CALY/USDT rose 1,552% and Paper/USDC added 919%
  • —FTR/USDT on BNB Chain was the biggest decliner, down 75% in 24 hours
  • —Top pair by volume: IBS/USDT at $631.9M, 216 times its pool liquidity
Why it matters: Falling DEX volumes alongside isolated memecoin spikes point to speculative rather than institutional activity driving on-chain trading.
#SOL#USDT#USDC
Source: TokenPost
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