- THORChain recorded the third-highest trading volume on decentralized exchanges last week.
- The trade volume surge took THORChain ahead of Curve Finance in terms of weekly trade volume.
- THORChain’s technical lead, Chad Barraford, said the flipping happened faster than he predicted.
THORchain, a cross-chain decentralized liquidity protocol, had the third-highest trading volume among non-centralized exchanges in the previous week. The uptick led to the platform jumping Curve Finance in weekly trade volumes.
According to THORChain’s technical lead, Chad Barraford, the flipping happened faster than he projected. Earlier on November 10, Barraford predicted that THORchain would surpass Curve Finance.
Okay, this happened much faster than i thought. Just took 2 days instead of 2 months. But its happened, @THORChain has more trade volume in a week than @CurveFinance.Next is @PancakeSwap https://t.co/xbGkKfFtRU pic.twitter.com/YdPeCZiOQA
— Chad Barraford (@CBarraford) November 13, 2023
THORChain’s trading volume surpassed $1.32 billion last week, narrowly edging Curve Finance to sit as the third-largest, according to data from DefiLlama. Only Uniswap and …
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