The fluid price recovers because Fluid Dex dominates the stable coin swaps at Ethereum and L2S

• The Dex covered 55.5 % of the stable-stable swap volume on Ethereum, Base, Arbitrum and Polygon.
• Dune data show that fluid has processed more volume compared to all Dexs.
• Fluid tokens have increased by over 15%in the past few days in view of the interest in investor.

Cryptocurrencies remain high today because Bitcoin conquered $ 115,000 after it had approached $ 112,000 on Saturday.

Ethereum stabilizes over $ 3,600, since XRP has recaptured the $ 3 brand.

In the meantime, the lesser-known fluid attracted attention with an increase of 15% over the last day, since Fluid Dex dominated the defi scene.

The liquid decentralized stock exchange accounted for 55.5 % of the StableCoin-for-Stablecoin trading volume on Ethereum, Base, Arbitrum and Polygon on the 3rd August (data from Dune Analytics).

It exceeded established and long-time market leaders such as Curve and Uniswap, and that was enough to shake up the Defi community.

For comparison: Uniswap conquered 25.7 %, while Curve reached 13.4 % of the market share.

The native token of the protocol, fluid, shows new optimism with a price rally of 16.10% in the last 24 hours.

Fluid climbs up in the defi ranks

In fact, the StableCoin scene has experienced enormous growth since the United States regulated the segment with the Genius Act.

Protocols such as Ethena remain in the spotlight, since yield -bearing stable coins are becoming more important.

In the meantime, Fluid has dominated the important stable stable-SWAP segment and has recorded constant growth of the commercial volume in the past three months.

Stablecoin-to-tablecoin differ from volatile asset swaps because they support real supply companies such as arbitrage, liquidity provision and payments.

Fluid has developed well in this category since May and reached a remarkable share of 55.5 %on August 3.

What drives growth

Well, as highlighted above, the stable coin sector is flourishing since the USA adopted crypto laws have the urgently needed regulatory clarity to the digital assets industry.

In addition, the remarkable share of a platform indicates that fulfills its purpose.

The Dex environment remains competitive because StableCoin users are interested in reliability, less fees and speed.

The efficient routing, the high liquidity and the compatibility of fluid (especially with inexpensive L2 systems such as base and arbitrum) have promoted the upward potential of fluid.

The decentralized fluid stock exchange is becoming a contact point for dealers who trade stable coins such as USDT, DAI and USDC.

The most important thing is that the trend signals behavioral changes in defi, with users prefer newer, purpose -oriented platforms towards old giants.

Will he keep the swing and finally fall uniswap and curve?

Transformation of StableCoin liquidity?

Fluid could change the dynamics of power in the defi world if it maintains the prevailing energy.

While Curve and Uniswap have been defining stable coin swapping for years, none of them are currently holding the top position.

The rise of fluid could herald a new era in which users perform performance via legacy value.

In addition, it reminds us of the advantages of the StableCoin infrastructure.

While the crypto community often feels about narratives such as NFTS, L2S and games, the stablecoin activity remains the backbone of Defi.

Fluid course outlook

The native token reflected the revived optimism with remarkable price gains.

Fluid rose by 16% from $ 4.7199 to $ 5.48 yesterday.

The increasing 24-hour trade volume underlines the new dynamic and prepares the stage for other fluid rally.

However, the wide market alignment remains crucial for the short -term performance of the assets.

A sudden wave of sales would delay the upward trend and trigger fluid burglaries, while persistent recovery would boost the recovery of the old in the upcoming meetings.