taiko pulling 6:1 dex/cex volume ($130m vs $22m) right as 69% of supply unlocks. that's... not what you'd expect during a massive unlock
what's happening:
• binance alpha listing sparked $1m trading comp for 11,500 wallets
• based rollup architecture (decentralized sequencing) attracting builders
• 700m+ transactions processed, $170m tvl growing
• alethia upgrade bringing 20-40x speed boost via preconfirmations
the dex dominance matters. when volume lives onchain vs cex speculation, it signals actual usage. most l2s struggle with adoption... taiko's doing $130m daily dex volume at $0.53 (down 86% from ath)
sp1 mainnet implementation coming. largest based rollup by tvl. unlock fud creating entry while metrics keep climbing