Trader Joe, a decentralized exchange (DEX) operating on the Avalanche blockchain, has recently expanded its operations to include the Arbitrum network, with its $OOE token now available for trading exclusively on Trader Joe. The platform has seen significant trading activity, with over $661 million in trading volume, generating $3 million in fees and $600,000 in protocol revenue, which has been sent to $sJOE holders. Additionally, Trader Joe reported processing over 165,000 transactions in a single day, amounting to approximately $300 million in trading volume. This growth has been accompanied by the launch of the $OOE - $ETH Liquidity Pool, which offers $ARB rewards to depositors. The platform's expansion and its significant trading metrics underscore its position as a key player in the decentralized finance (DeFi) space, akin to Uniswap on the Ethereum network, despite currently having a market capitalization of $288 million. The platform supports trading of $AVAX, $COQ, and $JOE tokens.
Big day of trading on #Avalanche yesterday. Trader Joe processed over 165k transactions in total, generating approximately $300m in trading volume. Proud to support and facilitate trading of Avalanche's best and brightest tokens 🔺 https://t.co/0V0qKRLve7
The #Avalanche sJOE tech seems to be working @TraderJoe_xyz https://t.co/Ect7l6HDlg
With $AVAX memecoin szn just kicking off, imagine $JOE not sending to a $1B+ mcap. TraderJoe is the Uniswap equivalent of Avalanche, currently only sitting at a $288M mcap. long it with me here: https://t.co/32dHnZIFxS https://t.co/10BRAx8CPc
With $AVAX memecoin szn just kicking off, imagine $JOE not sending back to $5+ TraderJoe is the Uniswap equivalent of Avalanche, currently only sitting at a $288M mcap. long it with me here: https://t.co/32dHnZIFxS https://t.co/VpuYhyJt58
The thrill of the slopes. The thrill of the #Avalanche. The thrill of trading with Trader Joe. https://t.co/2O2QKUq4sT
Looking at the data from @TraderJoe_xyz since $COQ inception, we are now sitting at: $661M in trading volume 🤯 $3M in fees generated $600k in protocol revenue (20%) sent to $sJOE! 🤝LFJ $AVAX $COQ $JOE https://t.co/ucPKfVyx6q
Land ahoy for @OpenOceanGlobal They've successfully navigated from the BNB Chain to #Arbitrum and have anchored at the shores of Trader Joe. $OOE is now exclusively available for trading on the Trader Joe DEX. 💙 Earn $ARB Rewards • Deposit to the $OOE - $ETH Liquidity Pool •… https://t.co/El1JL47S5H