Avalanche Ecosystem DEX+ Lending Program Trader Joe

[RyanHuang]

Trader Joe

Trader Joe is a one-stop trading platform on Avalanche. It offers trading and lending features, and combines them to offer leveraged trading.
The Total Volume Locked (TVL) of Trader Joe is currently $2.823 billion and the TVL of the Avalanche Protocol is currently around $10 billion. According to CoinGecko and data, Trader Joe is ranked 10th among DEXs and 2nd in the Avalanche Protocol Ecosystem.

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[Tytanowy Janusz]

Its top 6 on coingecko right now and top 7 on coinmarketcap. That's surprisingly high for dex that I hear for the very first time. I dare to say that this volume looks too high to be true. Especially 100 mln $ volume on WAVAX/TIME trading pair. Its top 150CMC coin that did not pump or dump that day. Where this 100 mln comes from? I'm not saying its 100% fake. It just looks too high for no name dex compared to dexes that every crypto trader is using everyday.