Markets
Consumer
Chain Clusters
About this Chart
Trading Pair The classification of trading pairs is determined in a top-to-bottom manner.
- ETH-USD: the trade involves ETH and a stablecoin.
- Bitcoin: the trade involves a Bitcoin-pegged asset. Some notable trading pairs are BTC-ETH, BTC-USD, and BTC-BTC (for example, cbBTC-WBTC).
- Stablecoin Swaps: the trade has both the bought token and sold token as stablecoins.
- LST Swaps: the trade involves a Liquid-Staking token.
- Tokenized Assets: the trade involves a tokenized asset such as tokenized gold.
- Project Tokens: the trade involves tokens that are issued by projects. An example would be governance tokens and L1 tokens (not including BTC or ETH)
- Memes: The remaining volume from known memecoins as well as unclassified tokens.
DEX The DEX platform that the trade took place on.
Trade Source The source of where the trade is originating from. This is determined by looking at the receiving address of the transaction.
- Direct: transaction is sent directly to the DEX
- DEX Aggregator: transaction is sent to a DEX aggregator
- Market Maker: transaction is sent to a known market-making address
- MEV Bot: transaction is sent to a known MEV bot
- Other: sent to address that does not meeting any of the conditions above. Examples including Lending Protocol vaults (used for flash loans), Bridge Aggregators, unknown smart contracts, etc.