Data: Arbitrum ecosystem DEX Vela's daily trading volume exceeds 340 million USD

ChainCatcher news, the Arbitrum ecosystem native DEX project Vela Exchange has achieved a trading volume of $342 million in the past 24 hours, while GMX's trading volume during the same period was $111 million (including Arbitrum and Avalanche networks).

It is reported that Vela Exchange adopts a mechanism design similar to GMX and is currently in the testing phase. According to ChainCatcher previous report, Vela Exchange has updated its token economics, which will reduce the total supply of tokens by 50 million. (source link)