# DEX流动性与交易量

#DEX流动性与交易量 Seeing Eugene's move, what flashed through my mind was the 2017 cycle. Back then, the market was similar—every year-end holiday, trading volume would plummet dramatically, and the order book was as thin as paper. I remember a friend of mine went long in mid-December, and during the New Year’s days, a large buy order entered the market and tore through the entire order book. History doesn’t repeat, but it often rhymes.
Eugene is right; the current situation is indeed interesting. Bitcoin failed to break below $84,000 effectively, and this detail is crucial—indicating that the bears

#DEX流动性与交易量 The Uniswap fee switch proposal has been approved, and the move to burn 100 million UNI is interesting. On the surface, it appears to be a benefit for the foundation, but in reality, it is optimizing the long-term logic of the DEX liquidity ecosystem—reducing LP costs, increasing yields, and attracting more liquidity to settle in the pools, which naturally boosts trading volume.
From a follow-trade perspective, such policy adjustments often bring about structural changes in the trading environment. Abundant liquidity means larger orders are easier to execute with less slippage, an

#DEX流动性与交易量 Seeing Uniswap eliminate all application and API interface fees, I have to be honest — behind this seemingly generous move, you need to think it through carefully.
Recalling the years I spent tinkering on DEXs, I was always drained by various hidden costs. Back then, I never thought about whether these fees could be cut. Now that Uniswap has directly zeroed out fees, paired with the destruction of 100 million UNI tokens and the activation of the fee switch, I understand the logic behind this combo — using fee leverage to influence liquidity providers' returns. In other words, it's

#DEX流动性与交易量 Uniswap fully eliminates application and API interface fees, and the underlying logic is worth noting. The zero-fee strategy directly reduces DEX interaction costs, which in the short term will boost on-chain trading volume; in the long term, it will affect the revenue structure of liquidity providers.
The core driver is that after the fee switch proposal is activated, the protocol will implement a fee discount auction system to compensate LP losses. At the same time, 100 million UNI tokens will be burned, representing a typical dual operation of supply contraction and demand expa

#DEX流动性与交易量 Wait, I just saw a prediction that by the end of 2026, the trading volume on the Solana chain might be as high as mainstream CEXs, or even surpass them? 😳 What does that mean...
I just started playing with DEXs not long ago, and I’ve always felt that on-chain trading volume is much lower than centralized exchanges, with high Gas fees and unstable liquidity. But if this development really happens, does it mean that trading on-chain will become increasingly convenient in the future? Will spot and perpetual contracts both be able to compete on DEXs?
I can’t quite imagine that scene.

#DEX流动性与交易量 Solana on-chain transaction volume is starting to rival major CEXs, and this is a signal. If by the end of 2026 it can truly compete or even surpass them, then the current DEX airdrop opportunities will only become more competitive.
My advice is straightforward: take advantage of the current rapid development phase of the Solana ecosystem. Newly launched DEXs and trading pairs are the best windows for gains. What does increasing trading volume mean? It means more interaction tasks, more liquidity mining, and more governance token airdrops. These are all zero-cost participation opp

#DEX流动性与交易量 Seeing the proposal pass on Uniswap, I started thinking—when exchanges burn tokens and optimize fee structures, how should retail investors view this?
Many people might excitedly see this as good news, but my advice is to stay calm first. Burning 100 million UNI tokens can indeed improve supply-side conditions, and activating fee switches can boost liquidity providers' expected returns. Mechanically, these point toward positive directions. However, this doesn't mean you should immediately increase your position or change your strategy.
What I want to remind you is: improvements in

#DEX流动性与交易量 Seeing Eugene's approach here is quite interesting. December's market trading volume indeed hit a bottom, and the order book was as thin as paper — which actually highlights a key point: **During periods of liquidity drought, the roles of DEXs and centralized exchanges will be amplified**.
Small liquidity becomes especially valuable in such market conditions. Eugene mentioned that "a few big buyers entering can tear through the order book," which reflects the current fragility of market depth. It is precisely because of this that we need to pay more attention to liquidity building

#DEX流动性与交易量 UNI's move this time is truly brilliant🔥 100 million tokens burned + fee switch activated, this is directly manipulating its own foundation! Liquidity providers' earnings increase, trading volume will only become more vigorous, maximizing DEX competitiveness💪
The key is that burning these 100 million tokens can really make a difference. Once the deflationary expectation is out, can UNI's price not rise? Moreover, with the Unichain mainnet activation, it's clearly paving the way for the ecosystem. How many meme coins and trending tokens will be traded wildly on it in the future…