Fluid revolutionizes the defi market: Over 55 % of the stable swap volume on Ethereum and Co.

Fluid revolutionizes the defi market: Over 55 % of the stable swap volume on Ethereum and Co.

Fluid: Leaving in the Stable Stable SWAP volume on Ethereum and other networks

In the decentralized financial world (Defi), the Dex (decentralized exchange) fluid has reached an impressive market share in the area of the stable stable swaps. According to current dune data, Fluid records 55.5 % of the total stable-stable swap volume on the Ethereum, Base, Arbitrum and Polygon platforms.

meaning of the stable stable swaps

Stable-stable swaps are of crucial importance for users of defi protocols, since they enable to efficiently transfer value between different stable cryptocurrencies, without great price volatility. This type of transactions are particularly valued by traders and investors who want to keep strategic positions in stable assets.

fluid’s market position

The position of fluid in the Dex segment is significant, especially when you consider that it processes more volume compared to all other Dexs. This not only underlines the popularity of fluid, but also the trust that users put in this platform to carry out their stable stable swaps.

FAZIT

Fluid has established itself as an important player in the defi room by covering a decisive part of the stable-stable swap market. With a clear focus on efficiency and user -friendliness, Fluid could continue to gain in importance, while the ecosystem of decentralized finances is developing.