2026-01-13 14:26:15

How is the current performance of HIP-3 DEXs? From a growth perspective, what will the next 12 months look like?

So far, DEXs on this blockchain have executed $1.47 billion in trading volume. Although the fee model is still in a 90% growth discount phase, it has already generated $2 million in fee income. In terms of holdings, the aggregated open interest has reached $340 million. In the entire ecosystem, HIP-3 type DEXs account for approximately 4% of the market share. What do these numbers reflect? Is the market gradually validating the feasibility of this approach, or are they just early participants' enthusiasm? Continued attention to future developments is warranted.

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MevHunter

· 01-13 14:56

1.47 billion in trading volume sounds impressive, but a 4% market share... how should I put it, it all depends on whether they can break through this ceiling.

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SellLowExpert

· 01-13 14:54

14.7 billion in trading volume sounds impressive, but give me a discount and take another look—this is the real level. --- 4% market share... It's either a dark horse in a good way or, frankly, hasn't taken off yet. --- Only 2 million in fees? Even during a 90% discount, it's still like this. Once official charges start, it might be the end. --- Early participants' enthusiasm vs actual demand—this will depend on whether they can retain users in the future. --- 34 million in open interest sounds good, but I don't know how much of that is real trading vs arbitrage bots. --- This is the performance during the promotional period. How will fees increase after the user acquisition phase? Question mark face. --- Still on the sidelines. This kind of public chain DEX has too many ups and downs; I don't see anything particularly special. --- 4% market share sounds insignificant, but it depends on what it's compared to... Anyway, I think it's uncertain.

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WalletDetective

· 01-13 14:50

A trading volume of 1.47 billion looks good, but the market share is only 4%... We'll have to wait until the promotion period is over to see if it's real.

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LayerZeroEnjoyer

· 01-13 14:42

$1.47 billion in trading volume sounds impressive, but a 4% market share is indeed a bit awkward... It depends on whether it can break through the circle later on.

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