TechSolana DEX volume spike masks circular trades, with automated bots blamed
Bitquery examined $201.4 billion in priced Solana DEX trades from Aug. 24 through Sept. 22 and classified 58.4% as circular or botlike. About 95% of the flagged value involved buying and selling the same token through the same pool in one transaction, challenging the use of gross turnover as a measure of independent trader demand.
Solana DEX volume spike masks circular trades, with automated bots blamed
Tech