Optimism’s Weekly Trading Volume Surges 1500%+, Reaches $344.98M

• Optimism’s weekly trading activity surged by a substantial 1687%.
• The trading volume of Optimism surpassed that of Ethereum, which currently stands at $710.17 million.
• The recent vulnerability on KyberSwap largely drives the surge in Optmism’s trading volume.

According to the latest revelations, the decentralized exchange (DEX) trading activity on Optimism, the layer 2 scaling solution built on Ethereum, has surged to the $300 million range. Colin Wu, the Chinese crypto reporter of Wu Blockchain X page, shared a post highlighting the substantial increase in the trading activity of Optimism DEX.

Data from DefiLlama unfolded the remarkable surge in Optimism DEX’s trading volume, surpassing that of Ethereum. As per the data, the 24-hour trading volume has reached $344.98 million. The 7-day trading volume, amounting to $11.8…

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