StarkEx was able to reach a trillion dollars in total trading volume

Intra-network trading and swaps have reached a volume of one trillion dollars on the StarkEx crypto exchange and applications compatible with it. The indicator was achieved in 3 years.

What is included in this volume

The developers stated that most of the volume relates to DEX dYdX. The company added that the rest of the applications also helped to achieve this amount. They especially noted ImmutableX, Sorare and Rhino.

The cryptoproject website indicates that about $532 million is locked in StarkEx. Participants have spent more than $450 million since 2020. At the same time, 113 million NFTs were created.

The co-founder said that the developers have created an infrastructure capable of supporting and working with the most difficult and comfortable applications for crypto networks.

The StarkWare organization defines the trading platform as a SaaS solution to scale the Ethereum crypto network. Additionally, he has launched his own l2 StarkNet crypto network.

Note that the latter was used by the Visa as proof of the principle of ensuring automatic and programmable transactions. This happened at the end of last year.

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