Pond0x DEX claims $100M in trading volume as critics allege it’s a scam By Cointelegraph
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The Pond0X decentralized exchange (DEX) has reached more than $100 million in total trading volume, according to a Sept. 28 social media post from its official channel. Investors previously lost over $2 million in the launch of the exchange’s native token, PNDX, when it turned out to have a function that allowed anyone to transfer it without the owner’s permission. But supporters claim these losses were not the fault of the developer.
As evidence for the Pond0X’s trading volume, the official channel cited a Dune dashboard created by user Mogie, which shows over $111 million in all-time trading volume as of Sept. 29.
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The Pond0X decentralized exchange (DEX) has reached more than $100 million in total trading volume, according to a Sept. 28 social media post from its official channel. Investors previously lost over $2 million in the launch of the exchange’s native token, PNDX, when it turned out to have a function that allowed anyone to transfer it without the owner’s permission. But supporters claim these losses were not the fault of the developer.
As evidence for the Pond0X’s trading volume, the official channel cited a Dune dashboard created by user Mogie, which shows over $111 million in all-time trading volume as of Sept. 29.
Continue Reading on Coin Telegraph
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