Pharaoh Exchange Accounts for 74.9% of Avalanche DEX Volume
Photo: TokenPost
Pharaoh Exchange accounted for 74.9% of Avalanche decentralized-exchange volume in a rolling 30-day snapshot displayed Oct. 17, while two linked wallet clusters generated 65% of DEX dollars over eight days. The snapshot showed $3.135 billion in Pharaoh volume out of $4.184 billion across Avalanche DEXs. Pharaoh is a concentrated-liquidity exchange built on Avalanche C-Chain. The rolling 30-day snapshot, September tally and eight-day wallet analysis cover different periods, so their percentages use separate windows. Pharaoh handled 81% of Avalanche DEX volume in September, up from 27% in April.
Source: TokenPost
