🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
Currently, Fluid dominates the stablecoin sector, with 90% of its volume coming from stablecoin trading.
Wu learned that, according to research by @tomwanhh, the liquidity center for stablecoins on Ethereum has gradually changed. Between 2020 and 2024, Curve built the deepest stablecoin liquidity on the Mainnet with its 3pool during DeFi Summer, reaching a peak liquidity of 6 billion USD; in this cycle, stablecoin projects including GHO, USDe, wstUSR, RLP, and sUSDe have established liquidity on Fluid, leveraging Fluid's smart collateral and smart debt features, allowing LPs and MMs to earn higher fees from lending and trading, and to obtain liquidity by borrowing funds through smart positions. Currently, Fluid dominates the stablecoin space, with 90% of its volume coming from stablecoin transactions; however, it remains to be seen whether Fluid's dominance can last for more than six months, as in the past, Dodo and Maverick have also briefly surpassed Curve.