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A flurry of speculative trading activity on Ethereum and its L2s has increased swap volumes, benefiting the tokens behind the ecosystem’s DEX aggregators!
0x Protocol’s ZRX has been at the forefront of this volume-led rally, but the fundamentals suggest an overlooked contender should be capturing traders’ attention. Which DEX aggregator token could be on the brink of breaking out?
Last week, volumes through the 0x Protocol soared to $1.5B – a 3x increase from the start of February – and March volumes have already reached $2.5B, putting 0x Protocol on track to surpass its March 2023 peak in volumes spurred on by the US banking crisis.
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