🚗 #GateSquareCommunityChallenge# Round 2 — Which coin is not listed on Gate Launchpad❓
Time to prove if you’re a true Gate veteran!
💰 Join the challenge — 5 lucky winners will share $50 in GT!
👉 How to participate:
1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Comment with your answer
🗓️ Deadline: October 8, 2025, 24:00 (UTC+8)
The metrics for @Plasma are insane, it’s not even in the top 50 yet 😱
📌 Key Metrics
•TVL: ~$4.94B
•24h DEX Volume: ~$215M
•7d Volume: ~$684M
•Stablecoins on Plasma: ~$5.9B (USDT = ~81.3%)
•Market Cap: ~$2.67B | FDV: ~$14.46B
•DEX vs CEX dominance: ~1.08×
📉 Fee Breakdown (24h)
•Chain protocol fees: ~$50.6K
•App-level fees (DEX, lending, etc.): ~$806K
•Total combined: ~$856K
🗓️ 7d Snapshot
•Chain protocol: ~$125K
•App fees (DEX, etc.): ~$5.6M+
•Combined: ~$5.7M
Why the gap? Because Plasma is engineered to subsidize base transactions (low/zero protocol gas fees), while capturing value from the applications built on top. $XPL