Really looking forward to @SUITRUMPCOIN and @suidexHQ, PIN this, This is going to be your first "big" degen utility project to get into on SUI. I'll repeat this in 4 months and either you faded or your thanking me.
I don't remember when we used to have any new DEXs on BSC, but it seems @TopazDex is now bringing something new to the BSC trading ecosystem
topaz uses a strict ve(3,3) tokenomics model. This means the yield is structurally splitted:
LP Yield = 100% Incentives. LPs on Topaz do not earn any of the trading fees. They are purely farming TOPAZ token emissions
Voter (veTOPAZ) Yield = 100% Real Yield + Bribes. 100% of the trading fees generated by that $269.4M in volume are sent directly to users who lock TOPAZ into veTOPAZ, along with any external bribes deposited by protocols
the volumes are really good for me
right now, they have 269m$ cumulative volume and they launched around a month or two ago
some more data to check:
TVL: $5.96M
Cumulative Vol: $269.4M
Vol/TVL Ratio: ~45x
volume Distribution (V3 Concentrated Liquidity): 54% of all volume is driven purely by highly-efficient stablecoin routing.
USDT/USDC โ $81.2M
USDT/USD1 โ $64.0M
USDT/WBNB โ $58.8M (232k+ txs)
USDT/BTCB โ $15.4M
LP Wallet Behavior & Agentic Future: Because 100% of LP yield comes from capturing emissions, sophisticated operators are running hyper-concentrated ranges.
The top 3 LPs have executed 9,710, 1,894, and 792 position rebalances respectively to avoid idle capital
Thanks to the topazdex/agent-skill and Hermes harness a novice like me built a Topaz dashboard!
- shows Best Move
- compares vote split vs all-in
- checks LP rewards
- flags dilution/risk
- gives me a clean weekly plan
Founder take: if I canโt make more as a user than I do from team allocation, Iโm not truly aligned.
In every project Iโve built, my biggest upside came from using the protocol heavily, early, and consistently.
Thatโs the standard Iโm bringing to Topaz.