🚀 Minswap - the largest decentralized exchange on Cardano - has seen strong growth in metrics after a period of low activity.
📊 According to the latest report from DappRadar, Minswap's unique active wallets (UAWs) and transaction numbers have increased by 89.85% and 63.05% respectively in the past 7 days. Trading volume also increased by 16% during this period.
💹 During the same period, Minswap added 11.29k UAWs, 129.59k transactions, and 592.08 million USD in trading volume.
📈 The weekly number increased sharply due to heavy activity on September 24, when the trading volume of the DEX increased to 6.86 million USD.
📅 On the same day, unique active wallets also exceeded 5.4k, while the number of transactions reached 35.96k.
🔥 This activity can drive up the price of Minswap's native MIN token, creating value from platform usage and being used as a power token.
🎉 This growth coincides with the launch of the ADA/JPG trading pair, made available to users on the decentralized exchange.
💥 Additionally, the last prominent uptick was in May, when the numbers for all three indexes hit new highs.
👑 Minswap continues to hold its position as the liquidity king of Cardano DeFi, ending the second quarter of this year with a total value locked (TVL) of approximately 50 million USD and a dominance rate of over 32%.
📊 According to the latest report from DappRadar, Minswap's unique active wallets (UAWs) and transaction numbers have increased by 89.85% and 63.05% respectively in the past 7 days. Trading volume also increased by 16% during this period.
💹 During the same period, Minswap added 11.29k UAWs, 129.59k transactions, and 592.08 million USD in trading volume.
📈 The weekly number increased sharply due to heavy activity on September 24, when the trading volume of the DEX increased to 6.86 million USD.
📅 On the same day, unique active wallets also exceeded 5.4k, while the number of transactions reached 35.96k.
🔥 This activity can drive up the price of Minswap's native MIN token, creating value from platform usage and being used as a power token.
🎉 This growth coincides with the launch of the ADA/JPG trading pair, made available to users on the decentralized exchange.
💥 Additionally, the last prominent uptick was in May, when the numbers for all three indexes hit new highs.
👑 Minswap continues to hold its position as the liquidity king of Cardano DeFi, ending the second quarter of this year with a total value locked (TVL) of approximately 50 million USD and a dominance rate of over 32%.