. @solana hit $192B in p2p stablecoin volume in march.
That's an ATH.
Not total DEX volume or not protocol volume.
It's peer-to-peer, person to person.
This is what payment infrastructure looks like when fees compress to near-zero and settlement is instant.
The rails are being laid in real time.
Nearly one year after the @CetusProtocol attack, when its market share dropped to 0% within a week, Cetus has made a strong comeback.
It is now the #1 DEX on Sui by volume, capturing 45% of total volume in March 2026.
What a comeback !๐ณ
Building fully on-chain perpetuals has never been easy.
Most perp DEXs compromise by moving the hardest components off-chain to improve efficiency and user experience
Meet @PhoenixTrade , a team that spent more than 3 years removing these bottlenecks ๐งต
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