🌅 Last week's top ten revenues in the "Decentralized Exchange/DEX" track!
I really like seeing $UNI at the top (revenue 40.62M), although for the past few weeks it has been alternating with $RAY (revenue 32.89M) for the top spot.
$RAY taking the top spot is definitely a Solana MEME hype, but now $UNI being at the top is likely not due to MEME, but rather due to on-chain cascading liquidations (just my guess), I doubt many people are playing MEME on Ethereum anymore, right?
$CAKE revenue is 20.73M, a slight drop of 1.2M. This is despite multiple BNB Chain tokens being listed on Binance Alpha last week, which I thought would bring significant revenue growth, but it doesn't seem to be that great. Then $ACT is also migrating to BNB Chain, good luck!
Both $AERO and $ORCA saw revenue increases of around 20%. The Base chain where $AERO is located seems to be considered as the potential home for Ethereum's MEME; $ORCA is on Solana, no need for further elaboration.
$CETUS had a slight revenue increase of 10%, $BLUE ranked tenth last week, now eleventh, showing a decline in popularity.
$SUN's pump from Sun has made it to the top ten for three consecutive weeks, what's going on? PiPi hasn't seen any news, gas fees are skyrocketing, making PiPi reluctant to transfer funds out of Tron.
Hehe, PiPi's another beloved project $CRV finally made it to the list, ✌️
As usual, I won't comment on what I don't understand, everyone can check the data themselves!
