ShibaSwap, the trading platform linked to the Shiba Inu cryptocurrency, has experienced a significant surge in trading volume.
The trading volume on ShibaSwap increased by 244% in the last week, reaching $10 million, compared to $2.93 million the week prior.
ShibaSwap's total trading volume over the last month is $20.12 million, which surpasses some well-known decentralized exchanges like PancakeSwap and Hashflow.
The ShibaSwap ecosystem has seen an influx of funds, with the total value locked up increasing to $67.94 million and the number of liquidity pools rising to 1,097.