TechFlow news, Blue, Marketing Lead at Avalanche-based DEX Trader Joe, announced that the upgraded automated market maker trading engine, Liquidity Book V2.1, is set to launch as early as next week. The new version will enable depositors to add tokens to Trader Joe’s liquidity pools more efficiently 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 within liquidity pools to reduce risks.
In addition, Trader Joe will launch a new rewards program to distribute tokens to users participating in concentrated liquidity on the platform.
According to data from DefiLlama, since March 26, Trader Joe’s total value locked (TVL) has reached $131.78 million, with trading volume exceeding $520 million.
