🚨Is LPing on TON Still Worth It? Here's a TON DEX data to help you make a Decision
I recently Checked STONfi's Actual Numbers and all i can say is that every LP's fear are the same.
WHAT COULD THAT BE?
This has to do with burning capital on low-volume pairs while impermanent loss quietly consumes the position.
So instead of guessing, I researched on STONfi's current dex statistics just to be sure and here's what i found👇
- Their current TVL is sitting around $25.9M
- Their current 30-day DEX volume is $80.4M (down ~27% vs the prior 30 days
stat i reported)
- They have currently generated protocol fees of about $345.9K, of which $84K flows to the protocol as revenue.
- The trading Volume turned over is 3.1x TVL this month in real trading activity which means that there's no static pool sitting idle on their DEX.
- Also, STONfi's recent June update reported about 882,000+ monthly swaps across 87,000+ active wallets on their platform which simply indicates massive utilization of their solution.
TO ANSWER THE BIG QUESTION ABOUT LPing on TON
After looking at this statistics logically, it means that LPs retain roughly about three-quarters of gross trading fees generated and they're also the green flags i look out for before making any LP decision. so YES i think it's actually worth it.
What do you think? lets know in the comments👇
$GRAM @ston_fi
I recently Checked STONfi's Actual Numbers and all i can say is that every LP's fear are the same.
WHAT COULD THAT BE?
This has to do with burning capital on low-volume pairs while impermanent loss quietly consumes the position.
So instead of guessing, I researched on STONfi's current dex statistics just to be sure and here's what i found👇
- Their current TVL is sitting around $25.9M
- Their current 30-day DEX volume is $80.4M (down ~27% vs the prior 30 days
stat i reported)
- They have currently generated protocol fees of about $345.9K, of which $84K flows to the protocol as revenue.
- The trading Volume turned over is 3.1x TVL this month in real trading activity which means that there's no static pool sitting idle on their DEX.
- Also, STONfi's recent June update reported about 882,000+ monthly swaps across 87,000+ active wallets on their platform which simply indicates massive utilization of their solution.
TO ANSWER THE BIG QUESTION ABOUT LPing on TON
After looking at this statistics logically, it means that LPs retain roughly about three-quarters of gross trading fees generated and they're also the green flags i look out for before making any LP decision. so YES i think it's actually worth it.
What do you think? lets know in the comments👇
$GRAM @ston_fi