@CrashiusClay69@CashOnTon From someone who knows memes, I’d like to know what memes you think will run next cycle apart from troll. Would memes from last cycle come back to life or will it be new memes created this year that are more likely to run ?
$AERO is the #3 DEX by volume, with $13.8B over the last 30 days.
11% market share (+14.2%).
So who's losing market share?
PancakeSwap down 18.3%
Curve down 17.6%
Fluid down 30.1%.
This isn't a rising tide; it's a rotation.
Volume is moving out of established players into @AerodromeFi.
And I don't think CT has caught on yet: Aerodrome is doing 38% of Uniswap's volume at 20% of Uniswap's market cap.
$AERO P/S of 8.5x vs Uniswap's 61.9x. (7x cheaper)
I think the market is still treating Aerodrome like a Base-native niche DEX.
The volume stopped being niche about $10B ago.