Quickswap

**Planet IX's trading competition is officially live**, offering **$5,000 in prizes** for traders on Base network. **Key Details:** - Competition runs for **2 weeks** (started February 24, 12:00 PM UTC) - Trade **AIX token** on QuickSwap DEX - Must register on [Voltrade](https://voltrade.xyz/trading_competition/planet-ix-x-quickswap-1) to participate - Partnership between QuickSwap, Planet IX, and Voltrade **Additional Opportunities:** - 1-day Whale Campaign available - Referral program active Traders can start competing immediately after registration. The competition combines gaming and DeFi, allowing Planet IX community members to earn rewards through active trading on Base's low-fee infrastructure.

QuickSwap has distributed over **$208.5 million in fees** to liquidity providers since launch. This milestone represents the cumulative rewards earned by LPs on the Polygon-based DEX. The platform previously reported $17+ million in fees generated over a 12-month period on Polygon PoS. **Key points:** - Total all-time LP fee distribution exceeds $208.5M - Fees are distributed directly to liquidity providers - Platform operates on Polygon network with minimal gas costs QuickSwap continues to serve as a major decentralized exchange on Polygon, offering fast transaction speeds and low-cost trading for DeFi users.

QuickSwap has secured the **#8 position globally** among decentralized exchanges based on fees generated over the past seven days, according to data from DefiLlama. This ranking represents a significant milestone for the Polygon-based DEX, demonstrating strong trading activity and user engagement. The platform continues to build on its momentum from earlier in 2025, when it was recognized as one of the top DEXs for daily active users. The fee generation metric is a key indicator of a DEX's trading volume and overall health, as it directly reflects the platform's usage and liquidity depth.

QuickSwap, a decentralized exchange originally built on Polygon, has processed over $2.09 million in 24-hour trading volume on the Base network. **Key Points:** - Trading volume reached $2.093+ million on Base - Marks continued activity on the Layer 2 network - Previously ranked #4 on Base with $3.56+ million volume in October 2025 The DEX continues its multi-chain expansion beyond its Polygon origins, maintaining presence on Base's growing ecosystem.

QuickSwap executed another weekly buyback, purchasing **2.294 million QUICK tokens** and removing **0.2294% of the total supply** from circulation. **Recent buyback activity:** - Week of Jan 27: 2.294M QUICK (0.2294% of supply) - Week of Jan 20: 2.08M QUICK (0.208% of supply) - Week of Jan 13: 3.9M QUICK (0.3917% of supply) The DEX has maintained consistent buyback programs throughout early 2026, systematically reducing token supply. These buybacks use protocol revenue to purchase tokens from the open market, creating deflationary pressure on the QUICK token. The cumulative effect of these weekly buybacks represents a meaningful reduction in circulating supply over time, potentially benefiting existing token holders through increased scarcity.

**Web3 payments are gaining momentum** as a key narrative in the blockchain space. The industry is watching to see which companies will emerge as dominant forces in crypto payments. Key developments include: - Stablecoins leading the charge in blockchain payments - Major partnerships like Coinbase working with PayPal - Polygon actively pushing the payments narrative forward The space continues to evolve rapidly, with traditional finance companies increasingly exploring blockchain-based payment solutions. **What's next?** Industry experts will discuss the future of Web3 payments and identify potential market leaders. Join [The Aggregated Spaces Episode 141](https://x.com/i/spaces/1OyKAjNNXMOGb?s=20) on December 5 at 4:00 PM UTC for deeper insights into this developing narrative.

**QuickSwap and Voltrade have launched their trading competition series on Base**, starting with NAV Finance offering a **$3,500 prize pool in $NAV tokens**. **Competition Details:** - Trade $NAV tokens on QuickSwap to qualify - Competition runs until **December 13 at 12:00 PM UTC** - Total prize pool: $3,500 in $NAV tokens **How to Participate:** - Register on [Voltrade](https://voltrade.xyz/trading_competition/navfinance-x-quickswap) - Read competition rules in the official blog - Start trading $NAV on QuickSwap This marks the **first competition in QuickSwap's new Base trading series**, expanding the DEX's presence beyond Polygon to Coinbase's Layer 2 network. *Ready to compete? Register now and start trading to qualify for prizes.*

**QuickSwap bought back 3.2+ million $QUICK tokens** over the past week, representing 0.32% of total supply. This continues the DEX's **consistent buyback strategy** that has been running for months: - Previous week: 2.4M tokens (0.24% of supply) - Two weeks ago: 2.7M tokens (0.272% of supply) - Early November: 4.78M tokens (0.478% of supply) **Token allocation** typically goes toward: - Farm rewards - Protocol Owned Liquidity (PoL) - Token burns The buybacks are part of QuickSwap's broader tokenomics strategy, with **5.5% of total supply already burned** as of October. The protocol has purchased over 13.5M QUICK tokens worth ~$328,880 in recent months. *More buybacks are planned according to the announcement.*

QuickSwap has opened discussions for a new governance proposal to integrate AI agents through SphereOne technology. This marks the DEX's second major AI-related governance proposal, following their earlier Community Currency Bot initiative. Key points: - Proposal aims to enhance DEX functionality with AI capabilities - Integration would be implemented through SphereOne's technology - Community voting and discussion phase now active The proposal is currently in its discussion phase, with community members invited to share their perspectives on the potential integration. This follows QuickSwap's pattern of community-driven decision making for major platform updates.

QuickSwap's ongoing Trial of Fire initiative has reached a significant milestone in its token burning program: - Total of **5,310,829 QUICK tokens** burned since October 1, 2024 - Tokens were bought back using protocol revenue - Represents continued execution of deflationary tokenomics This follows the October update which reported 1.5M tokens burned, showing accelerated burning activity through November.