Trader Joe May Launch Upgraded Trading Engine Liquidity Book V2.1 Next Week

Blue, the marketing lead of the DEX Trader Joe, said that the upgraded trading engine automated market maker, Liquidity Book V2.1, will be launched as soon as next week.

Liquidity Book V2.1 will enable depositors to more effectively add tokens to Trader Joe's liquidity pools and improve the on-chain trading experience. Currently, Trader Joe has been deployed on Arbitrum, BNB Chain, and Avalanche. This upgrade will also introduce "auto-pools" that automatically manage the active positions of depositors in high-yield liquidity pools to mitigate risks. In addition, Trader Joe will also launch a new reward program to distribute tokens to users who participate in Trader Joe's concentrated liquidity.

According to data from DefiLlama, Trader Joe has $131.78 million in total value locked and had done more than $520 million in trading volume since March 26th.

According to TokenInsight data, Trader Joe ($JOE) has risen 349.53% in the past 90 days and is currently priced at $0.600948.