Solstice (@solsticefi): $815m+ in Week One: USX's Quiet Debut on Bullish
Estimated coin impact
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$815m+ in Week One: USX's Quiet Debut on Bullish On Jun 5th, @Bullish opened spot trading for USX. There was no launch campaign, no co-marketing push, and no announcement thread. The first 24 hours did over $360m in volume anyway. By Jun 10th, cumulative USX volume on the venue had passed $800m across its BTC and USDC markets, averaging more than $130m a day since listing. eUSX, listed Jun 8th, added $15m+ of its own. Volume like this usually has a marketing engine behind it - this had none. Traders found the markets on their own, priced them, and kept coming back. For USX, the asset at the base of the Solstice stack, that is the cleanest demand signal there is: not incentivized or coordinated. eUSX makes the second part of the story. Lock USX in YieldVault’s eUSX, to receive the yield-bearing counterpart. It puts a yield-bearing Solana asset on an institutional venue's order books, access that didn't exist two weeks ago. SLX spot trading on Bullish went live Jun 12th. With the protocol token joining the base asset and its yield-bearing counterpart, Bullish now carries USX, eUSX, and SLX. Links USX: https://exchange.bullish.com/trade/BTCUSX eUSX: https://exchange.bullish.com/trade/BTCEUSX SLX: https://exchange.bullish.com/trade/SLXUSDC Information only. Not an offer or solicitation. Digital assets carry risk, including possible loss of principal. Availability varies by jurisdiction. Past performance is not indicative of future results.