Press Release

Navigating to Mainnet with SuiDex

Navigating to Mainnet with SuiDex

SuiDex is a new automated market maker (AMM) that operates on the SUI blockchain, which is an innovative blockchain project designed for decentralized finance (DeFi) applications. SuiDex aims to provide a decentralized trading platform that is efficient, secure, and user-friendly. In this article, we will analyze the data from SuiDex’s Devnet and Testnet networks to get a better understanding of the platform’s performance and potential.

Connected Wallets

As of the latest data analysis, there are 22,741 connected wallets on the SuiDex Devnet and Testnet networks. This is a promising sign that the platform is attracting interest from the blockchain community. The more wallets that are connected to the network, the more liquidity can be provided, which will benefit both traders and liquidity providers.

Total Transactions

Since its launch, SuiDex has recorded a total of 523,129 transactions on its Devnet and Testnet networks. This is a significant number considering the relatively short time that the platform has been in operation. This demonstrates the interest and activity that SuiDex has generated within the blockchain community.

Top Wallet Transactions

The top wallet on the SuiDex network belongs to the address 0x38d8d2***, which has conducted a total of 237 transactions. This suggests that there are active traders and liquidity providers on the platform, which is essential for the platform’s growth and liquidity. However, it is important to note that the majority of trading activity occurs on the Mainnet, where real assets are used, rather than on the Devnet and Testnet networks.

Top Pair

The most popular trading pair on the SuiDex network is BTC<>USDT, which is a popular trading pair in the wider cryptocurrency market. This indicates that traders on the platform are interested in trading major cryptocurrencies and stablecoins, which is a positive sign for the platform’s adoption and liquidity.

Total Web Access

SuiDex has seen a total of 5,232,225 web accesses on its Devnet and Testnet networks. This represents the number of times developers and testers have accessed the platform via a web browser or other interface. This high number of web accesses suggests that the platform is generating interest and that developers and testers are actively experimenting with the platform’s features and functionality.

Daily Web Access

On average, there are 29,067 web accesses per day on the SuiDex Devnet and Testnet networks. This demonstrates a consistent level of interest and activity on the platform, which is a positive sign for its future growth and development.

SuiDex is an exciting new project in the world of decentralized finance. As the first AMM on the SUI blockchain, it offers a unique approach to trading and liquidity provision. The data analytics we have looked at today demonstrate the high level of interest and activity on the SuiDex Devnet and Testnet networks, which is an encouraging sign for the platform’s future growth and success. As the platform continues to develop and expand its user base, it will be interesting to see how it evolves and competes with other established AMMs in the wider cryptocurrency market.

Website: https://suidex.io/
Twitter: https://twitter.com/Suidex_io
Discord: https://discord.gg/kVg3FUzgRz
Zealy (Crew3): https://zealy.io/c/suidex/questboard

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