The decentralized exchange (DEX) market started the week in positive territory. Its total trading volume increased by 75%, from $3.2 billion on Sunday, October 6 to $5.6 billion on Wednesday, October 8. DEX volume dominance remained steady at around 7%, with Uniswap V3 (Ethereum), Aerodrome SlipStream, and Raydium registering the highest trading activity.
The DEX token sector, currently valued at above $16 billion, didn’t lag behind, showing a nearly 80% growth in trading volume following the weekend. With gains exceeding 2% and 7% respectively, Aerodrome Finance (AERO) and THORChain (RUNE) were among the most trending tokens. The longtime leader among DEX coins, Uniswap, was also on the rise, surging from $6.8 to above $7.1.
$ZDEX Token Presale to Start in the Coming Days
In this favorable market climate, ZircuitDEX, a new decentralized exchange that leverages the power of an AI-based, EVM-compatible Zircuit L2 blockchain, is launching its $ZDEX token presale. Promising faster transactions, reduced fees, and enhanced security compared to typical DEXs, ZircuitDEX aims to completely overhaul the crypto swapping experience, and $ZDEX will be key to this transformation.
With a total supply capped at one billion tokens, $ZDEX serves as ZircuitDEX’s native cryptocurrency, unlocking exclusive incentives and governance rights within the platform. Token holders can vote on proposals regarding ZircuitDEX development and get extra rewards from high-frequency swapping and $ZDEX staking.
During the presale, 220,000,000 tokens, representing 22% of the $ZDEX supply, are available for purchase. The starting price is $0.0017 per token, which is nearly half of the anticipated listing price, offering early investors a first-mover advantage. The presale will take place in 13 stages and follow fair launch principles, meaning all investor categories participate under the same conditions.
Source: ZircuitDEX
Setting itself apart from competitors, ZircuitDEX delivers up to 500 times greater capital efficiency thanks to its concentrated liquidity, which minimizes slippage and
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Author: Adrian Barkley
