Decibel Achieves $7 Billion Total Trading Volume on Aptos Blockchain
Decibel, a decentralized exchange (DEX) built on the Aptos blockchain, has reached over $7 billion in total trading volume. The Aptos Foundation announced that more than $1 billion of this volume came from third-party apps using Decibel's Builder Codes program, which allows external applications to integrate with its shared orderbook and earn revenue based on their contribution. Decibel operates by settling all trades directly on the Aptos blockchain, burning a small amount of APT tokens in each transaction. This mechanism reduces the circulating supply over time as trading activity increases. The $1 billion from third-party apps accounts for about 14% of total volume, highlighting growing external adoption. The milestone follows recent developments such as BitGo's wallet integration with Decibel and continued growth in its rewards program, which distributed nearly half a million AMPs across over 1,500 wallets last week.
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