According to Odaily Planet Daily, the activity of DAI stablecoin on Ethereum has increased dramatically in recent days, hitting an all-time high of $86 billion in trading volume on April 17, after less than $1 billion in daily activity. The main driving force behind this surge is complex MEV transactions, which include the use of Maker's lightning casting module. The module allows users to cast DAI and pay tips in the same transaction.
This mechanism has attracted arbitrageurs and MEV robots, with nearly $1 billion in DAI volume traded in one transaction, for example. EigenPhi data shows that MEV robots made about $20,000 in profits per day from April 17 to 18, although the pace of activity has slowed. The surge in DAI activity highlights the continued evolution and use of stablecoins in the crypto space.