DeFi· ★★★· bullish·

Avalanche DEX Volume Hits $4.1B, Up 29% in 30 Days

  • —Avalanche DEX volume hit $4.16 billion over 30 days, up 29% month-over-month
  • —Pharaoh Exchange drove $3.12 billion, or 76% of volume, on $43–53 million TVL
  • —Uniswap on Avalanche rose 95% to $392 million; LFJ gained 165% to $201 million
  • —The top three venues account for more than 89% of network DEX volume
Why it matters: The surge shows concentrated liquidity is winning back market share for Avalanche, but reliance on a single venue creates a single point of failure.
Source: TronWeekly