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Pond0x reported that its DEX reached $100 million in cumulative volume, citing a Dune dashboard as evidence. The Pond0X decentralized exchange (DEX) has reached more than $100 million in total trading volume, according to a September 28 social media post from its official channel. Investors previously lost over $2 million in the launch of the exchange’s native token, PNDX, when the coin turned out to have a transfer function that allowed anyone to transfer it without the owner's permission. But supporters claim these losses were not the fault of the developer. $108,000,000 Trade Volume And counting. What comes next…? pic.twitter.com/lpetFqJAkq — Pond Coin (@Pond0x) September 28, 2023 As evidence for Pond0X DEX’s trading volume , the official channel cited a Dune dashboard created by user mogie, which shows over $111 million in all-time trading volume as of September 29. Total volume metric for Pond0X. Source: @mogie Dune channel The PNDX token launched on July 28. At the tim...

South Korean trading speculation on smaller crypto assets skyrocketed last month, leading to domestic volume on centralized exchanges outpacing those in USD.  The development came even as overall market volumes dipped to their lowest levels in three years, according to a report by Kaiko on Tuesday. “Despite the ongoing June rally, spot trade volume s have declined significantly in Q2, falling to their lowest level since 2020,” Kaiko said. Even still, in June’s final week of trading, volumes on Korean exchanges Upbit and Bithumb witnessed a daily peak of over $4 billion, with $3.6 billion derived from assets other than bitcoin and ether, data shows. The sharp rise in trading volume across the region was primarily driven by Waves native token (WAVES) and bitcoin cash (BCH), Kaiko said. In the first quarter of 2023, Upbit rose to become the second-largest exchange with a spot trading volume of $208 billion, CoinGecko reported late last month. That marks a substantial increase o...