Trader Joe ~ Swap Moments

Introduction🚨

Trader Joe

Trader Joe is a decentralised crypto exchange that offers a slew of services including token swaps via an automated market maker (AMM), staking of its native token JOE, yield farming, borrowing and lending, liquidity pools, leveraged trading, NFT marketplace, and a launchpad.
Although Trader Joe was solely available on the Avalanche network post-launch, it expanded its services to Ethereum-based L2 scaling solution Arbitrum in January 2023 in a bid to gain more users. Additionally, it decided to launch its AMM liquidity book on the BNB Chain last month, expanding networks where it runs its DEX services. Liquidity books are said to be a highly-efficient AMM in DeFi that maximise real yield generation for liquidity providers and reduce swap costs for traders.

JOE, the native token of Trader Joe, has mainly three use cases — it is used as a rewarding token for crypto staking, as an incentive in yield farming, and as a governance token through JOEVOTE.

Overview🚩

Following the recent launch of Slopes on Avalanche, exciting partnerships have emerged with Trader Joe, Benqi Finance, and Delta Prime platforms, further strengthening the Avalanche ecosystem.
Slopes empowers users with the ability to engage in various tasks, accumulating XP along the way. By completing all tasks, users become eligible for an upcoming Slopes airdrop, which you can learn more about here.
The launch of Slopes has witnessed a substantial surge in activity across these platforms, with a particular focus on Trader Joe's swapping activity. In this dashboard, I will provide in-depth analysis and intriguing insights into Trader Joe's trading patterns in the past 30 days.