Messari releases Osmosis 2023 fourth quarter report: DEX trading volume increased by 241% quarter-on-quarter
Messari has released the Q4 2023 status report for Osmosis, with the following highlights: Osmosis DEX trading volume increased by 241% compared to the previous quarter, with a total quarterly trading volume of $3.7 billion; Osmosis introduced trading volume segmentation incentives, adjusting the incentives for each period to target liquidity in high traffic, low cost pools; Osmosis DEX daily active addresses increased by 67%, averaging 21,000; OSMO's circulating market value increased by 400% compared to the previous quarter, from $192 million to $961 million; OSMO's market value ranks among the top 70 crypto protocols; Osmosis has integrated with Celestia, and the integration solution is called Pipette, which releases bilateral liquidity in Celestia rollups and the Cosmos ecosystem; USDC became the second largest token by trading volume. Circle launched the Cross-Chain Transfer Protocol (CCTP) on Noble, enabling native USDC minting in the Cosmos ecosystem.
