AVAX Pharaoh Bullish 75% Dominance Amid 43% Volume Surge

The 30-day spread-out exchange volume of DeFi Llama reveals that a whopping $3.11 billion of the $4.16 billion on AVAX has gone through Pharaoh Exchange. This staggering share of around 75 percent illustrates how deeply concentrated liquidity has transformed the layer-1 ecosystem. By DefiLlama’s 30-day volume, Pharaoh Exchange’s volume of $3.115 billion and AVAX’s $4.15 billion put Pharaoh at number one with $3.106 billion of 30-day volume. Network volume increased by 43.29 percent from the previous 30-day window, indicating an increasing momentum for AvVAX DeFi. Pharaoh has liquidity from the V3 and DLMM pools, which are designed to allow LPs to focus their capital into specific ranges, rather than throughout the entire curve.

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