Avalanche ecosystem DEX Trader Joe is expected to launch an upgraded trading engine next week

ChainCatcher news, Blue, the marketing head of Avalanche ecosystem DEX Trader Joe, stated that the upgraded trading engine automated market maker Liquidity Book V2.1 will be launched as early as next week. The new version of the engine will allow depositors to add tokens to Trader Joe's liquidity pools more efficiently and improve the on-chain trading experience. Trader Joe has been deployed on Arbitrum, BNB Chain, and Avalanche. This upgrade will also introduce "auto pools," which automatically manage depositors' active positions in the liquidity pools to reduce risk.

In addition, Trader Joe will launch a new reward program to distribute tokens to users who participate in Trader Joe's concentrated liquidity.

According to data from DefiLlama, since March 26, Trader Joe's total locked value has reached $131.78 million, with a trading volume exceeding $520 million. (source link)