In terms of volume and fees, there is no significant change for both in the past month. However, there is a clear correlation between the two.

To conclude, there is a clear correlation as more fees are collected when trades/swaps takes place. I would expect the fees to go down in the future hoping that the liquidity and UST adoption will keep increasing over time.

We'll take a look new wallets being created versus the LUNA Price for 2021. There is a clear correlation in Q1 but the number of new wallets created swelled and slightly increased.

Terra has seen a massive growth and the recent news of its listing on Coinbase has propelled the LUNA price even further.