The season of high volatility of cryptocurrencies has begun, for example, on the #TON blockchain, coins from TapTap games, such as the recently released $MAJOR and the one who opened the era of airdrops in Telegram Mini Apps - $NOT - reacted quite strongly. At times like these, volumes are at a high level and the number of swaps on DEXes is growing by leaps and bounds. This leads to the growth of APRs in liquidity pools, and farms in some pairs provide even better conditions. For example, on the most popular DEX on #TON for the above coins APRs are:
- MAJOR / $TON ,APR - 102%
- $NOT / TON, APR - 85%
And for less popular coins, these values can be measured in hundreds of percent, due to their high volatility and lower TVL:
$PONCH/$TON, APR - 932%
$NEW/TON, APR - 836%
$HPO/TON, APR - 652%
The volatility losses in these pairs can be quite large, but in return, the pairs have quite high APRs. Now, as long as $BTC dominates the market and coins react very quickly to changes in its price volatility will remain high.