Lookonchain says stablecoin market cap rose $113 million as DEX spot volume fell 6.65%

Lookonchain says stablecoin market cap rose $113 million as DEX spot volume fell 6.65%

N
News Editor
2026-07-27 15:30:59
Lookonchain said in a post on X that from July 20 to July 26, 2026, the total stablecoin market capitalization increased by $113 million. Over the same period, DEX spot trading volume fell 6.65% from the previous week, while perpetual futures volume dropped 14.9%. The post added that revenue among leading protocols stayed broadly stable, though performance diverged at the project level. Pump posted 28% revenue growth, and nu11.fun recorded the fastest weekly increase at 8,739%. Lookonchain also outlined changes in corporate crypto holdings. Six companies collectively reduced 360 BTC last week, worth $23.22 million. Strategy neither sold nor repurchased BTC during the period. Bitmine, meanwhile, only bought 9,946 ETH, valued at $19.38 million.
LookonchainstablecoinsDEXBTCETHwhalesprotocol revenue

Odaily reported that Lookonchain said in a post on X that total stablecoin market capitalization increased by $113 million between July 20 and July 26, 2026.

DEX trading activity declined over the week

During the same period, DEX spot trading volume fell 6.65% week over week, while perpetual futures trading volume dropped 14.9%.

Protocol revenue showed mixed moves

According to Lookonchain, revenue at leading protocols remained stable overall. Pump posted 28% revenue growth, while nu11.fun logged the fastest weekly increase, rising 8,739%.

Corporate holdings also changed

Lookonchain said six companies collectively reduced 360 BTC last week, worth $23.22 million. Strategy neither sold nor repurchased BTC. Bitmine only bought 9,946 ETH, valued at $19.38 million.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
300

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.