Already $4.6b daily trading volume on the $LINA synthetics exchange. Still a fraction of valuation of $SNX that has $25b volume, but gaining fast.
"m" not "b" daily volume.
Now $10m synthetic-assets trading volume on the brand new Linear Exchange. That's up from $2m a week ago, and near zero a few weeks before that. God knows at this rate how much this DeFi can grow. $LINA
Folks that only know Bitcoin, don't know how much fun (or ruin?) they are missing. #DeFi
Just for fun. A 90-day $LINA chart. π
$14m trading volume now? Man, where is this business going..$LINA
More crypto fun:
As $LINA exchange trading volumes rocket (a.k.a actual usage), perhaps another 10x on the price soon? ( $SNX comps.)
Prepare to be amazed, IMHO
After 6x this year, price is holding. Exchange volumes rocketing to a point where $LINA token holders earn 100% APY yields from trading fees alone. New synthetic assets to trade and features coming. How long before another 10x from here?
In case the point was clouded by βcryptoβ, token price canβt stay at this price while yielding 100% APY. Ether trading volumes are fake & will collapse (have been in hyper growth in reality), or token price has to 10x or more. $LINA
The funniest part - what if he end up right? June is a long way off.