If you're into the wild world of decentralized finance (DeFi), you’ve probably heard about SpookySwap and its latest upgrade, V3. Recently, DefiLlama, a popular DeFi data aggregator, dropped some exciting news on X: they’re now tracking SpookySwap V3’s fees and revenue on their Fees & Revenue Dashboard. Posted on August 1, 2025, this update has sparked a buzz among crypto enthusiasts, and we’re here to break it down for you!

What’s the Big Deal with SpookySwap V3?

SpookySwap is a decentralized exchange (DEX) that’s been making waves, especially on the Fantom Opera network, with recent expansions to Horizen EON and BitTorrent Chain. The V3 version brings some cool upgrades, like customizable fee tiers (0.01%, 0.05%, 0.30%, and 1.00%) and a unique liquidity provision system using NFTs. This means users can tailor their trading strategies based on volatility and get a clearer picture of their liquidity positions—pretty neat, right?

The dashboard snapshot shared by DefiLlama shows SpookySwap V3’s total value locked (TVL) at $303,773, with fees hitting $646.6 annualized and a 30-day DEX volume of $27,788. Those numbers might seem small compared to giants like Uniswap, but for a niche DEX, it’s a solid start. The chart also highlights some wild spikes in fees, suggesting bursts of trading activity—something to keep an eye on!

Why DefiLlama’s Tracking Matters

DefiLlama is known for its no-nonsense approach to DeFi data, offering transparency without the clutter of ads or sponsored content. By adding SpookySwap V3 to their dashboard, they’re giving the community a front-row seat to its performance. Whether you’re a liquidity provider, trader, or just curious, this data helps you gauge how well the platform is doing and where it might head next.

The reactions on X were enthusiastic, with users like MemeCoinTracker calling it an “alpha move” and others cheering with “WAGMI” (We’re All Gonna Make It). It’s clear this update has hyped up the crypto crowd, especially those invested in Fantom-based projects.

What This Means for Meme Coin and DeFi Fans

At Meme Insider, we love digging into how projects like SpookySwap V3 fit into the broader meme coin and DeFi ecosystem. While SpookySwap itself isn’t a meme coin, its innovative features could attract meme coin traders looking for low fees and flexibility. Plus, with the Fantom network’s reputation for speed and cost-efficiency, it’s a playground for experimental tokens.

The fee structure, in particular, is a game-changer. Lower tiers (like 0.01%) are perfect for high-volume traders, while the 1.00% tier suits those betting on volatile pairs—think meme coins with wild price swings. If SpookySwap V3 can scale its TVL and volume, it might become a go-to spot for niche crypto action.

Looking Ahead

This is just the beginning for SpookySwap V3 on DefiLlama’s radar. The team behind SpookySwap has hinted at more V3 improvements, and with community feedback pouring in via Twitter, Discord, and other channels, we can expect some exciting updates. For now, keep an eye on those fee spikes and TVL trends—they might signal the next big move in DeFi!

What do you think about SpookySwap V3’s potential? Drop your thoughts in the comments, and stay tuned to Meme Insider for the latest on meme coins and DeFi developments!