Fluid Surges with $55B Volume

According to a new dashboard by Entropy Advisors, Fluid has surged in 2025, also following the launch of DEX v2 on April 25, surpassing $55B in cumulative volume, with $15.88M in fees and $729M in active liquidity. Most volume comes from Ethereum, while Arbitrum leads in capital efficiency, driving ~20% of trades with far less liquidity. Base and Polygon are smaller but gaining traction. Over 70% of volume involves stablecoins, ~20% is ETH-based, and CoW Protocol is now one of the top interfaces routing trades to Fluid.

Death.Fun, Abstract, and the Rise of GambleFi

Launched on May 28, Death.Fun has quickly become the leading app on Abstract, topping charts for both transactions and fees. The gameplay is simple but addictive: place a bet, pick tiles to dodge hidden death traps, and either cash out safely or risk it all for greater rewards. Even losses earn Death Points, keeping users engaged round after round. Since launch, over 8,500 users have placed more than 10,000 ETH in cumulative bets. Death.Fun’s explosive growth, alongside other sticky GambleFi hits like Gacha, reinforces Abstract’s emerging role as a launchpad for viral, high-retention consumer apps in crypto.

1inch Crosses 187M Swaps, BNB Volume Explodes

1inch has seen a sharp surge in activity over the past two months, with $54B in volume, 1.1M users, and 30M swaps in just the past 30 days. That’s double the monthly volume and 4x the swap count compared to earlier this year. May and June each recorded over $30B+ in volume and 20M+ swaps, up from a ~$15B and ~5M monthly baseline. Historically, 1inch has routed over $692B in total volume across 187M swaps and 24M users. Ethereum leads with $477B in volume, followed by BNB Chain with $105B. However, BNB flipped Ethereum in the past 30 days, generating $46B in volume, a 456% increase month-over-month. With recent expansions to Solana and Sonic, and the rollout of a new Pathfinder algorithm delivering better swap routes, 1inch continues to grow as one of the most critical routing layers across both L1s and L2s.

Ink Activity Surges Ahead of Token Launch

On June 17, the Ink Foundation announced the upcoming launch of $INK, a fixed-supply token designed to coordinate users, protocols, and builders across the ecosystem. Its first use case will be a native Aave-powered liquidity protocol with airdrop incentives. While governance of the L2 remains with the Optimism Superchain, $INK will serve as the incentive layer for Ink’s growing DeFi stack. The token launch comes amid a sharp rise in activity, with daily transactions surpassing 500K, and active contracts more than doubling since May to a peak of 6,500 on June 18. Ink is a DeFi-native Layer 2 for capital coordination at scale.

Viction Gains Momentum with 3x Users and $2M TVL

Viction is a people-centric, EVM-compatible Layer-1 offering zero-gas transactions, enhanced security, and modular app chains via its World Wide Chain architecture. Onchain activity has surged in recent months, with daily active addresses rising from ~10K in March to over 30K, transactions increasing from 450K to 550K, and TVL jumping from $400K in January to over $2M by May. This growth follows key developments, including SafePal’s native wallet support and the passage of VIP #4, which upgraded validator incentives and cross-chain functionality. As the World Wide Chain expands, Viction becomes a launchpad for community-driven innovation, where usability, interoperability, and modular design converge to unlock the next wave of decentralized applications.

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