- The Dex captured 55.5% of the stable stable swap volume on Ethereum, Base, Arbitrum and Polygon.
- Dune data show fluid that is treated more volume compared to all combined DEXs.
- Liquid doks rose more than 15% in the midst of investor interest in the past day.
Cryptocurrencies remain increased today when Bitcoin $ 115,000 back after the approaching $ 112,000 on Saturday.
Ethereum steadies above $ 3,600 because XRP regains the $ 3 marking.
In the meantime, the lesser-known liquid attracted attention with an increase of 15% in the last day when Fluid Dex dominated the Defi-scene.
Liquid decentralized exchange accounted for 55.5% of the trade volume of the Stablecoin-for-StableCoin on Ethereum, Base, Arbitrum and Polygon on 3 August (data from Dune Analytics).
It performed better than established and long-term market leaders such as Curve and Uniswap, and that was enough to stir the Defi community.
For context, Uniswap captured 25.7%, while Curve managed 13.4% of the market share.
Native token of the protocol, liquid, shows renewed optimism with a price rally of 16.10% in the last 24 hours.
Liquid climbs Defi ranks
Indeed, the Stablecoin scene has seen enormous growth since the US regulated the segment with the Genius Act.
Protocols such as Ethena remain in the spotlight, because revenue stablecoins get a grip.
In the meantime, liquid has dominated the vital stable SWAP segment, which maintains steady growth of trade volumes in the past three months.
Stablecoin-to-stablecoin differs from volatile assets swaps because they are real-world utilities of power of power, including arbitration, liquidity determination and payments.
Liquid has performed well in this category since May and established a remarkable share of 55.5% from 3 August.
What feeds the growth
Well, as emphasized above, the stablecoin sector has been flourishing since the US took crypto accounts, so that the much-needed regulatory clarity was brought into the digital asset industry.
Moreover, the remarkable share indicates a platform that serves its purpose.
The DEX environment remains competitive, with Stablecoin users who are interested in reliability, fewer reimbursements and speed.
The efficient routing, deep liquidity and compatibility of Fluid (especially with cost -effective L2s such as base and arbitrum) have propelled its advantage.
The liquid decentralized exchange will be a go-to-platform for traders who handle Stablecoins such as USDT, DAI and USDC.
The most important thing is that the trend signals signal behavioral shifts in Defi, whereby users prefer newer, specially targeted platforms above legacy giants.
Will it retain the momentum and overdoor uniswap and overthrow curvature forever?
Transforming stablecoin -readidity?
Liquid can change the power dynamics in the Defi world if it retains the prevailing energy.
While Curve and Uniswap have defined Stabilein -Wap for years, neither of them currently has the top position.
The rise in Fluid can welcome a new era, whereby users give priority to the performance over Legacy.
Moreover, it reminds us of the benefits of Stablecoin infrastructure.
While the crypto community is often attracted to stories such as NFTs, L2S and Gaming, the activity of the Stablecoin remains the backbone of Defi.
Liquid price views
The native token reflected the new life revived optimism with remarkable price wines.
Liquid collected 16% of the $ 4,7199 from yesterday to press the time of $ 5.48.
The rising 24-hour trade volume emphasizes renewed momentum, which sets the stage for further liquid rallies.
However, broad market advantage remains crucial in determining the short -term performance of the active.
A sudden wave would postpone the benefit and trigger liquid dips, while continuous recovery will charge the rebound of the Alt in the coming sessions.
