2026-01-04 19:27:27

Since the end of the year, the trading activity on a certain DEX platform has significantly increased. In the second half of the year, the average monthly trading volume surpassed $100 million, with December reaching a high of $127 million, driving the total annual trading volume to over $760 million.

The platform ecosystem is expanding: monthly active traders have exceeded 50,000, MoonPay integration has been completed, supporting more convenient fiat on-ramps. The staking feature has been launched, further lowering the entry barrier for non-crypto users. From trading depth to user friendliness, this round of upgrades has implemented a combination of strategies. Data continues to break records; whether this is driven by genuine growth in trading demand or liquidity remains to be observed.

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GateUser-a180694b

· 17h ago

1.27 billion is indeed impressive, but does the real demand still come from the bagholders? It depends on whether it can stay stable in the future.

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WalletWhisperer

· 22h ago

ngl the 1.27B december spike screams whale clustering to me... behavioral indicators don't lie, but fiat on-ramps always distort the pattern. gotta dig deeper into address profiling before calling it organic growth fr

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BetterLuckyThanSmart

· 23h ago

$1.27 billion is not a small figure, but I just don't know how much of this trading volume is genuine demand and how much is from羊毛党 (wool party) exploiting the system. --- MoonPay integration indeed lowers the barrier to entry, but I'm more concerned about how many of these 50,000 active users will stay, it's just a vanity metric. --- Every time I see this kind of data, I wonder if real people are entering the market or if it's just another round of liquidity mining, you know? --- Upgrades and combined strategies are real, but whether we can hold this wave of enthusiasm is the key. Let's wait and see. --- A total of 760 million for the year is okay, but it all depends on whether this 1.27 billion in December is just a flash in the pan. --- I have to question the logic of automatically lowering the barrier with the staking feature going live; the real difficulty isn't the barrier itself. --- Another "worth watching," is this waiting for the right moment? By the way, the data is indeed increasing.

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StablecoinAnxiety

· 01-05 15:57

$127 million is right, this number looks pretty impressive, but can trading volume and actual demand be equated? It feels more like a liquidity mining trick. The low fiat on-ramp threshold is indeed attractive, but do new users come in without the usual "harvesting" tactics? That's a bit uncertain. MoonPay integration is good, but how many are truly retained? That’s the key. High volume does not necessarily mean a healthy ecosystem; let's observe and see. Can this round of rise last until next year? I'm a bit skeptical.

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Layer3Dreamer

· 01-04 19:57

theoretically speaking, if we model this dex's growth trajectory through the lens of recursive state verification... the real question isn't whether those numbers are real, but whether the liquidity mechanics actually support genuine interoperability vectors across rollups. moonpay integration feels like slapping a band-aid on the blockchain trilemma tbh

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TokenStorm

· 01-04 19:57

$127 million at that high point, the technical outlook looks very promising, but I still want to see what on-chain data says. Be careful of FOMO. Is the fiat on-ramp threshold lowering? This is paving the way for the next wave of retail investors. I also want to jump in. 50,000 monthly active traders—sounds good, but how many will actually stick around? Anyway, I’ve already calculated my liquidation price. Is this liquidity-driven or genuine demand? That’s a good question. I bet it’s the former, but my position bets on the latter, which fits my style. Looking at this trend, miner fees should go up. It’s always like this— the higher the hype, the more painful my gas costs become. What does the staking launch mean? Arbitrage opportunities are emerging. I’m already calculating the risk factors. With a $760 million annual trading volume, I just want to know how much of it is wash trading. But that doesn’t stop me from continuing to play.

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SilentObserver

· 01-04 19:56

The fiat on-ramp step was done well, but how do you distinguish between real trading volume and wash trading? I need to take another look at this data.

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NotFinancialAdvice

· 01-04 19:54

1.27 billion monthly trading volume, looks pretty good, but is this real demand or just playing with numbers? --- MoonPay is here, now even beginners can get involved. Will it be another round of chopping the leeks? --- 50,000 monthly active users sounds like a lot, but what’s left when spread across various tokens? --- The staking feature indeed lowers the barrier to entry, but is the liquidity really that sufficient? Something still feels off. --- The combined attack is effective, breaking new highs in data is nothing new, but the key is how far it can go. --- Reaching 1.27 billion in December, and now? Is it continuing or starting to decline again? --- Every DEX claims to be expanding its ecosystem, the difference lies in execution. How long this platform can persist remains to be seen. --- Fiat on-ramps are indeed more convenient, but can users really stay? That’s the real key.

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POAPlectionist

· 01-04 19:50

Hmm... 127 million has surged, but is this really actual demand or just more money grabbing? --- MoonPay has integrated it as well. Is this to lower the barrier to entry or just to reduce my wallet size? Haha --- 50,000 monthly active traders sounds like a lot, but what can be done with them on the chain... --- So what if staking is online? It still depends on whether the APY gets crushed. --- 76 million in annual trading volume is neither big nor small; it all depends on whether we can keep it steady. --- Is liquidity driven by real demand... Brother, that's a good question. I want to know too.

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