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


by CoinEdition
Optimism Volume Surges
  • 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…

The post Optimism’s Weekly Trading Volume Surges 1500%+, Reaches $344.98M appeared first on Coin Edition.

Read the article at CoinEdition

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


by CoinEdition
Optimism Volume Surges
  • 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…

The post Optimism’s Weekly Trading Volume Surges 1500%+, Reaches $344.98M appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin Exchange Supply Ratio Declines After Fed Cut, Setting Stage For $120,000 Test

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Earlier this week, the US Federal Reserve (Fed) cut interest rates by 25 basis points...
NBA Star Kevin Durant Reclaims Old Bitcoin, Ending Years of Coinbase Lockout

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NBA star Kevin Durant’s long-lost bitcoin stash is finally recovered, amplifying Coin...