Other dexes race to bottom.
Fluid runs on innovation.
$FLUID
Fluid DEX USDC-USDT pool on @arbitrum was doing up to 4x times more volumes than all other DEXes combined
Now, other DEXes have decided to undercut the fees and put rewards into the pool
The same situation happened on Ethereum before, and it resulted in a fee race to zero, where Fluid always wins, cause the cost of this liquidity is 0 for us, where others have to pay for it
2.14K
7
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.