Trader Joe Rises to Top Five DEX by Trading Volume with V2 Pla | Coinseek

Trader Joe Rises to Top Five DEX by Trading Volume with V2 Platform Launch on Arbitrum


Trader Joe, a decentralized exchange (DEX), has surged to become one of the top five DEX platforms by trading volume after the successful launch of its V2 platform on Arbitrum on February 1, 2023. The project’s liquidity incentive program, which offered 300,000 JOE tokens as rewards worth approximately $171,000 for ARB, ETH, and USDC trading, has contributed to the increased liquidity and trading activity on the platform. Notably, in the first week after the launch, Trader Joe accounted for 15.7% of the total ARB trading volume.

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