TechFlow News — Blue, Marketing Lead at Avalanche-based DEX Trader Joe, announced that the upgraded automated market maker Liquidity Book V2.1 is set to launch as early as next week. The new engine will enable depositors to more efficiently add tokens to Trader Joe’s liquidity pools and enhance the on-chain trading experience. Trader Joe has already been deployed on Arbitrum, BNB Chain, and Avalanche. This upgrade will also introduce “Auto Pools,” which automatically manage depositors’ active positions in liquidity pools to reduce risk.
Additionally, Trader Joe will launch a new rewards program to distribute tokens to users participating in concentrated liquidity on the platform.
According to DefiLlama data, since March 26, Trader Joe’s total value locked has reached $131.78 million, with trading volume exceeding $520 million.
