Pond0x DEX asserts a $100M trade volume, while others argue it’s a hoax.
Pond0x has recently announced a significant milestone, with its decentralized exchange (DEX) achieving a remarkable $100 million in cumulative trading volume. This noteworthy development was conveyed via a post on the official Pond0X channel’s social media account dated September 28th. The journey to this achievement, however, was not without its tribulations. Earlier, during the launch of Pond0X’s native token, PNDX, investors endured losses exceeding $2 million due to an unforeseen functionality that allowed unauthorized transfers of the token. It’s important to note, though, that supporters contend that these losses were not attributable to the project’s developers. As substantiation of Pond0X’s impressive trading volume, the official channel cited a Dune dashboard, thoughtfully created by a user known as Mogie. According to this dashboard, the total trading volume surpassed $111 million as of September 29th. The launch of the PNDX token on July 28th w...