🌅 Last week's top ten revenues in the "Decentralized Exchange/DEX" track!
I really like seeing $UNI at the top (revenue 40.62M), although it has been alternating at the top with $RAY (revenue 32.89M) for the past few weeks.
$RAY being at the top is definitely due to Solana MEME, but now $UNI is likely at the top not because of MEME, but rather due to on-chain liquidations (just my guess), and I doubt many people are playing MEME on Ethereum anymore?
$CAKE's revenue is 20.73M, a slight drop of 1.2M. This is in the context of multiple BNB Chain tokens being listed on Binance Alpha last week, and I thought it would lead to significant revenue growth, but it seems not so good. Also, $ACT is going to migrate to BNB Chain, good luck!
$AERO and $ORCA both saw about a 20% increase in revenue, and the Base chain where $AERO is located seems to be considered as the next home for Ethereum's MEME; $ORCA is in Solana, no need to elaborate.
$CETUS's revenue increased slightly by 10%, while $BLUE dropped from tenth to eleventh place last week, showing a decline in popularity.
$SUN's pump has been in the top ten for three consecutive weeks now, what is it doing? I haven't seen any news, and Gas prices have shot up, making me reluctant to withdraw my funds from Tron.
Hehehe, another one of my favorite projects, $CRV, finally made it onto the list, ✌️
As usual, I won't comment on things I don't understand, you can check the data yourselves!
