The native token of decentralized cryptocurrency exchange (DEX) Trader Joe’s has gained close to 60% in the last 7-day period, with Arbitrum (ARB) volume and incentive program increasing.
Trader Joe’s listed last week Arbitrum’s investors attracted a lot of attention. While it is thought that this interest was due to an incentive program initiated before Arbitrum was listed, the incentive program initiated in the stock market Ethereum (ETH), USD Coin (USDC), and ARB including in 3 pools in total 300,000 JOE It included an award.
On these developments, the total locked assets on the Arbitrum network (TVL) value 300% rate increased. On-chain analytics platform from DeFiLlama TVL value on Trader Joe’s Arbitrum based on data received 8 million dollars from the levels 30 million reached dollars.
On the other hand, JOE, the native token of Trader Joe’s, has been on the rise in 7 days, with increasing volumes and listing by many central exchanges (CEX). to 60% showed close increase performance.
According to Coinecko data, the latest 30 days in 128.6% appreciated JOE, end 24 within the hour 10.2% ascending as of writing 0.5733 traded at the dollar level.
