Trader Joe's Usage Trends Upwards

  • Trader Joe’s activity have been trending up this month. According to token terminal, number of active users is up from ~3k to over 15.2k in the last 90 days representing over a 5 fold  increase.
  • Fees generated in the last 24h by Trader Joe has overtaken Uniswap – DeFi’s largest DEX by volume – according to DefiLlama.
  • The protocol has faired well by various metrics and it looks like usage will continue to grow as its anticipated Auto-Pools product has  just gone live in closed beta a few hours ago. For the uninitiated, Trader Joe’s Auto-Pools allow for automated management of LP positions.
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