Cointime

Cointime

Download App
iOS & Android

DeFiLlama Aggregator Hits $5 Billion in Volume, Sees Steady Daily User Growth

Cointime Official

The DeFiLlama aggregator, which launched in early January this year, has reached $5 billion in volume today.

According to DeFiLlama, 63,280 unique users have used the aggregator for a total of 410,200 swaps. While Arbitrum is the most popular chain on the aggregator, it only represents 10% of the total volume. Nearly 80% of the total volume comes from Ethereum.

Daily users are growing steadily and currently average around 3,000 per day. On March 11th, the biggest volume day was marked with a staggering $600 million in volume due to USDC depeg.

The three biggest aggregators where volume is being routed are 1inch, 0x, and Paraswap.

Full thread:

63,280 unique users used the aggregator for a total of 410,200 swaps

@arbitrum the most popular chain on the aggregator but only represents 10% of the total volume. Nearly 80% of the total volume comes from Ethereum

Daily users are growing steadily and currently average around 3,000 per day.

March 11th (USDC depeg) marked our biggest volume day with a staggering $600m in volume

1inch, 0x and Paraswap are the three biggest aggregators where volume is being route

What's next for the aggregator?

Permits, Gnosis integration and trade history are in the pipeline with more much to come... and perhaps some nice surprises along the way for DeFiLlama contributors and users!

DeFiLlama
Comments

All Comments

Recommended for you

  • Decentralized Hedge Fund NFA Labs Receives $10 Million Investment

    Decentralized hedge fund NFA Labs recently partnered with investment fund and asset management company Quantix Capital, receiving a capital commitment of $10 million to develop the ecosystem. The platform aims to bring professionalism and security to the DeFi world of real-world markets. This investment will further improve the NFA platform and expand its global influence, helping NFA Labs achieve its mission of providing accessible, fair, and information-rich resources for cryptocurrency traders.

  • Hong Kong Securities Regulatory Commission: China Ecological Tourism Group's acquisition of a blockchain company was improper and disciplinary action has been taken

    The Securities and Futures Commission (SFC) of Hong Kong has announced that it has taken disciplinary action against China Ecotourism Group Limited (China Ecotourism) and its seven current and former directors in collaboration with the Hong Kong Stock Exchange (HKEX). The investigation mainly focused on improper conduct, including granting 13 loans totaling HKD363 million and RMB91 million to nine borrowers, and acquiring a 37.5% stake in a blockchain technology company for HKD35 million.

  • Survey: 75% of Nigerians Confident in Using Bitcoin for Financial Transactions

    A new survey shows that 75% of Nigerians are confident in using Bitcoin for financial transactions. This survey result comes at a critical time in Nigeria's traditional financial market. In recent months, the Nigerian currency, the Naira, has sharply declined, and the government is trying to maintain the Naira exchange rate while also targeting cryptocurrency. One of the measures recently taken by the Nigerian Securities and Exchange Commission (SEC) regarding the cryptocurrency industry is to propose a significant 400% increase in registration fees for cryptocurrency exchanges.

  • Amaranth Foundation founder spent $24.7 million to buy 7,814 ETH

    According to Spot On Chain, James Fickel, founder of Amaranth Foundation, spent $24.7 million in the past 40 minutes to purchase 7,814 ETH at a price of approximately $3,161 per coin. This giant currently provides Aave with 128,516 ETH ($404 million) and 40.97 million USDC, and has borrowed 2,266 WBTC ($146 million), seemingly trading long on the ETH/BTC pair since December 2023.

  • Vitalik: PoW is also quite centralized. PoW is just a temporary phase before moving to PoS

    Vitalik Buterin, co-founder of Ethereum, stated on social media that PoW is also quite centralized. It just hasn't been discussed too much because everyone knows it's just a temporary stage before transitioning to PoS. This doesn't even involve how to potentially avoid ASICs, simply because the upcoming PoS transition means there's no incentive to build them.

  • If a Hong Kong spot virtual asset ETF is sold at a premium, it can be converted into Hong Kong dollars on the Hong Kong Stock Exchange

    Currently only a few Hong Kong brokers with virtual asset retail licenses can subscribe to the Hong Kong Bitcoin ETF through the new share subscription method (PD/distributor), and after the ETF officially enters the Hong Kong Stock Exchange, all hundreds of Hong Kong brokers and banks can purchase it. The approved virtual asset ETF adopts the performance of the ChiNext CF Bitcoin Index (Asia-Pacific closing price), so the profit and loss risks of cash subscription for Bitcoin ETF are basically the same as those of directly buying Bitcoin. As the exchange ratio between Bitcoin and Bitcoin ETF is fixed, if physical subscription is used in the IOP stage, that is, Bitcoin is used to subscribe to Bitcoin ETF, the relevant ETF can be exchanged for Hong Kong dollars in the exchange if it is sold at a premium after listing, and then buy back Bitcoin at the same time to earn the price difference between on-exchange and off-exchange. (Finance News Agency)

  • SEC sues Bitcoin mining company Geosyn, accusing its founder of $5.6 million fraud

    On April 26th, the US SEC filed a lawsuit against bitcoin mining company Geosyn Mining and its co-founders, accusing them of falsely reporting the number of cryptocurrency mining equipment in operation and using customer funds for personal expenses, resulting in a $5.6 million investment fraud.

  • Hong Kong Stock Exchange to Start Trading Harvest Fund’s Bitcoin and Ethereum Spot ETFs on April 30

    The Hong Kong Stock Exchange will begin trading Harvest's Bitcoin and Ethereum spot ETFs on April 30.

  • The total market value of stablecoins exceeds 158 billion US dollars, and USDT has a market share of 69.8%

    According to DefiLlama data, the total market value of stablecoins has reached 158.197 billion US dollars, with a 7-day growth rate of 0.16%. Among them, the market value of UDST is 110.426 billion US dollars, with a market share of 69.8%.

  • Messari ·

    State of TRON Q1 2024

    TRON (TRX) is a public open-sourced blockchain network using a Delegated-Proof-of-Stake (DPoS) mechanism. It utilizes an election mechanism that determines who maintains the network. All TRX stakers vote onchain on which candidates they want to become Super Representatives. In each epoch, the top 27 most voted-for candidates become Super Representatives within the active set and take turns producing blocks. An election occurs every six hours.

    State of TRON Q1 2024

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company