Meme Coin Launchpads Capture 82% Of Circle’s Arc Day-One DEX Volume

Meme coin launchpads accounted for about 82% of the $410.8 million in decentralized exchange volume Circle’s Arc network cleared on its first day of public mainnet. The open Layer 1, built by Circle for financial markets and real-time money movement, drew speculative trading despite institutional backing, according to BeInCrypto, with launchpad tokens generating $336.26 million and Arguspad alone handling $202.35 million.