Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Osmosis Q4 2023 Status Report: Circulating Market Value increased by 400% compared to the previous quarter, and DEX trading volume increased by 241%

Osmosis Q4 2023 Status Report: Circulating Market Value increased by 400% compared to the previous quarter, and DEX trading volume increased by 241%

2024/02/06 09:05

Messari released the Osmosis Q4 2023 status report, with the following details:

Osmosis DEX trading volume increased by 241% compared to the previous period, reaching a total quarterly trading volume of $3.7 billion. Osmosis introduced trading volume segmentation incentives and readjusted incentives in each period to target liquidity towards high-volume, low-cost pools.
Osmosis DEX daily active addresses increased by 67% compared to the previous period, averaging 21,000.
The circulating market value of OSMO increased by 400%, rising from $192 million to $961 million. OSMO's market value ranks among the top 70 crypto protocols.
Osmosis integrated with Celestia under a solution named Pipette, releasing bilateral liquidity from Celestia rollups and Cosmos ecosystem while addressing user experience challenges.
By transaction volume calculation, USDC became the second-largest token. Circle launched Cross-Chain Transfer Protocol (CCTP) on Noble platform enabling native USDC minting within Cosmos ecosystem.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Companies don’t buy the most expensive AI: Anthropic Fable 5 faces sluggish sales, OpenAI takes advantage to fight back

More than two months after the release of Fable 5, its expenses have stabilized at only about 11% of the total spending on Anthropic’s products, far below the usual buying frenzy triggered by the launch of previous high-end models. Rival OpenAI is accelerating its counterattack—with the launch of GPT 5.6 in July, OpenAI’s annualized revenue for the quarter jumped 35% from the previous quarter, surpassing $40 billion.

华尔街见闻2026/08/24 11:16