$AURORA just processed over half of a $36.94 million zkSNARK auction last week as a second-order effect of $NEAR intents while sitting at an $86 million cap.
Traders keep FOMO buying these pumps without checking if the volume is actually sticky. That's how you end up holding bags you can't sell when the flow reverses and slippage eats the rest of your position.
Aurora Intents routes on top of NEAR Intents and handled more than $19 million of that $36.94 million across 1,718 swaps. It also added $SUI as a one-signature destination and now powers the new Solflare bridge. The token is up 678% on the week and ranks 267, but second-order volume like this tends to vanish once the novelty of the auction or bridge fades.
Small caps get wrecked fast when borrowed activity dries up. The same routing that created the spike can disappear overnight and leave very little exit liquidity behind.
Where do you think this volume actually goes once the auction hype cools off?
#AURORA #NEAR #DeFi
Traders keep FOMO buying these pumps without checking if the volume is actually sticky. That's how you end up holding bags you can't sell when the flow reverses and slippage eats the rest of your position.
Aurora Intents routes on top of NEAR Intents and handled more than $19 million of that $36.94 million across 1,718 swaps. It also added $SUI as a one-signature destination and now powers the new Solflare bridge. The token is up 678% on the week and ranks 267, but second-order volume like this tends to vanish once the novelty of the auction or bridge fades.
Small caps get wrecked fast when borrowed activity dries up. The same routing that created the spike can disappear overnight and leave very little exit liquidity behind.
Where do you think this volume actually goes once the auction hype cools off?
#AURORA #NEAR #DeFi
