Momentum Exchange has revealed the tokens that were traded the most over the past month. Let's take a look at the main pairings and trading volumes of @MMTFinance, and what this means. In first place is USDC, which is naturally in high demand for stablecoins. This is essential for moving volatile tokens into safe assets, and since most LPs are paired with USDC and SUI, the trading volume is correspondingly high. The fact that USDC is positioned higher than SUI indicates that while traders often use SUI as a pairing, they prefer to complete their trades with USDC. In fact, it is neither strange nor a bad phenomenon for a DEX on a single chain to have the highest trading volume in stablecoins. The reason is that sufficient liquidity in stablecoins like USDC enables trading and price increases in other pairings. In third place is USDT, the stablecoin version of SUI, which shows that the Sui chain utilizes USDC more than Tether. Fourth place is taken by the $WAL token of...
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