A leading decentralized trading protocol has just released an astonishing report card—after 2586 days online, its cumulative trading volume has officially surpassed the $40 trillion mark.
What's even crazier is the growth curve: it took a full 4 years to go from 0 to 1 trillion (achieved in 2022), it took another 2 years to reach 2 trillion, only 1 year to hit 3 trillion, and the last 1 trillion? It was done in just half a year.
The founder of the protocol personally posted to confirm this set of numbers, with a growth rate that is almost exponentially accelerating. Looking at the time span, the initial accumulation is long, but once the DeFi ecosystem matures, the volume will be like a snowball—rolling faster and faster.
Behind this acceleration, there is not only the push of a bull market but also a reflection of the on-chain trading infrastructure gradually being accepted by the mainstream. However, speaking of which, 4 trillion sounds impressive, but when spread over more than 7 years, it averages out to about 1.5 billion dollars a day. Considering the high-frequency trading characteristics of DEX, this number doesn't seem so outrageous.
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PerennialLeek
· 2h ago
1 trillion in half a year, this acceleration is really insane, but on the other hand, it's only 1.5 billion per day... Feels like there's quite a bit of fluff.
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ForkItAll
· 12-03 16:23
1 trillion in half a year—this acceleration is truly incredible, but when you think about it, it's just so-so, just wash trading.
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LightningHarvester
· 12-02 03:58
Half a year to reach one trillion, this acceleration is really a bit amazing
But if you calculate it carefully, it's only 1.5 billion per day, it doesn't seem that exaggerated
Four trillion sounds amazing, but in reality, it's just that
Wait, if this growth rate can really be maintained... it needs to be followed closely
Hmm... the mainstream acceptance has indeed risen, but there is also quite a bit of wash trading going on
From four years to half a year, this is truly an exponential To da moon.
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MidnightTrader
· 12-02 03:58
1 trillion in half a year, this speed is indeed impressive. However, if it's an average of 1.5 billion per day, it doesn't seem as exaggerated as I imagined.
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OnchainDetective
· 12-02 03:57
The acceleration in the second half of the year is so fierce, seven out of ten are probably wash trading, real volume haha.
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LayerZeroHero
· 12-02 03:35
1 trillion in half a year, this acceleration is really ridiculous... But when you calculate it carefully, it's only 1.5 billion on average per day, feels like there's a lot of fluff in it.
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DegenTherapist
· 12-02 03:32
1 trillion in half a year? The exponential rise is indeed amazing, but let's not be fooled by the daily average of 1.5 billion; it's just a wash trading trick.
A leading decentralized trading protocol has just released an astonishing report card—after 2586 days online, its cumulative trading volume has officially surpassed the $40 trillion mark.
What's even crazier is the growth curve: it took a full 4 years to go from 0 to 1 trillion (achieved in 2022), it took another 2 years to reach 2 trillion, only 1 year to hit 3 trillion, and the last 1 trillion? It was done in just half a year.
The founder of the protocol personally posted to confirm this set of numbers, with a growth rate that is almost exponentially accelerating. Looking at the time span, the initial accumulation is long, but once the DeFi ecosystem matures, the volume will be like a snowball—rolling faster and faster.
Behind this acceleration, there is not only the push of a bull market but also a reflection of the on-chain trading infrastructure gradually being accepted by the mainstream. However, speaking of which, 4 trillion sounds impressive, but when spread over more than 7 years, it averages out to about 1.5 billion dollars a day. Considering the high-frequency trading characteristics of DEX, this number doesn't seem so outrageous.