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"Same Same But Different -- Again" - Frax Check #33

Flywheel DeFi

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The Profitability of the Frack Swap

For the month of March, we did 168 million in volume that represents about a 240% turnover rate or utilization rate rather. And then on the next slide, you'll see some of the top volume. The largest pair is the FxS and fracks pair on, I believe, it has 45 million in TVL and 20 million in volume in the last seven days. Then a second immediately, like it just kind of drops off a cliff almost the second volume is a million in the last 7 days. That is for fracks and weft with, which has a 3.7 million TVL in there. We received 104 point, I'm sorry, 1.47 million in

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