Tradecraft has passed $2.5 million in trading volume over 14 days on its Canton exchange. The figure covers the two weeks preceding its September 28 update.
The platform lets users exchange tokens against pools funded by liquidity providers. Those providers deposit pairs of assets into the pools and receive a share of the fees generated when users trade against them.
Trading volume measures the value exchanged over a period. It is separate from total value locked, which measures the assets held in the pools at a particular point in time.
Tradecraft's market guide describes how traders, liquidity providers and inventory providers support the exchange. Inventory providers bring assets from other networks or Canton venues to meet demand when a pool needs more of a particular token.
