Hey there, crypto enthusiasts! If you’ve been keeping an eye on the decentralized finance (DeFi) space, you’ve probably heard about the exciting updates from DefiLlama, a go-to platform for tracking DeFi metrics. On August 2, 2025, DefiLlama dropped a tweet announcing that they’re now tracking EchoDEX V3 fees and revenue on their handy Fees & Revenue Dashboard. Let’s break this down and see what it means for blockchain practitioners and meme token lovers alike!

What’s EchoDEX V3 All About?

First off, EchoDEX V3 is a next-gen decentralized exchange (DEX) built on LineaBuild, a platform powered by ConsenSys that uses cutting-edge Zero-Knowledge Ethereum Virtual Machine (ZK-EVM) technology. This means faster transactions and lower costs—music to the ears of anyone trading tokens, including those quirky meme coins we all love. The DEX is designed to make swapping assets seamless, and now, with DefiLlama’s tracking, we can peek under the hood at its financial performance.

The DefiLlama Dashboard Reveal

The tweet came with a couple of screenshots from the DefiLlama dashboard, and they’re packed with juicy details. Check out this image:

EchoDEX V3 Fees and Revenue Dashboard on DefiLlama

The dashboard shows some key metrics for EchoDEX V3 (ECP):

Total Value Locked (TVL): $67,665 – This is the amount of assets staked or locked in the protocol, giving us a sense of its scale.
Fees (Annualized): $2,745 – This is the estimated yearly fee revenue, showing how much the platform earns from trades.
Fees 30d: $225 – Over the past 30 days, EchoDEX V3 raked in this amount in fees.
Fees 7d: $46 – A weekly breakdown, indicating recent activity.
Fees 24h: $7 – Daily earnings, which can fluctuate based on trading volume.
Cumulative Fees: $781 – The total fees collected since tracking began.
DEX Volume 30d: $105,028 – The total trading volume over the last month, a sign of how active the platform is.

The graph itself is a visual treat, showing fee spikes over time. You can see some big jumps, especially around late June and mid-July, which might hint at market events or promotions driving activity.

Why This Matters for Meme Token Fans

At Meme Insider, we’re all about keeping you in the loop on how meme tokens and DeFi intersect. EchoDEX V3’s tracking on DefiLlama is a big deal because it opens the door to understanding how meme coin trading performs on this DEX. If you’re trading tokens like Dogecoin or Shiba Inu, this data can help you spot trends—say, a surge in fees might mean more people are swapping meme coins, boosting liquidity and potentially their value.

What’s Next?

This new tracking feature from DefiLlama is a goldmine for anyone looking to dive deeper into DeFi analytics. It’s not just about numbers—it’s about spotting opportunities. Keep an eye on the Fees & Revenue Dashboard for real-time updates, and who knows? The next big meme coin trend might just start on EchoDEX V3!

Got questions or want to share your thoughts? Drop a comment below or hit us up on Twitter. Let’s keep the conversation going!