According to TechFlow, the decentralized exchange Trader Joe announced that since its launch, the platform has generated more than $300 million in transaction fees, making it the fifth largest DEX in terms of full life cycle transaction fees.

Trader Joe said that all fees are distributed between liquidity providers and users who participate in fee sharing through sJOE staking. The platform expressed gratitude to users who have participated in the Joe ecosystem and conducted transactions, liquidity mining or staking.