DEX volume keeps surprising consensus on short-t — exchange reserves is rotating through sp: reading the Here’s what tape

Liquidity still decides how far any catalyst can travel.

Even when feeds obsess over “Here’s what happened in crypto today,” the durable question remains process versus prediction.

Risk is easiest to ignore precisely when it is most expensive.

Builders and treasuries should track DEX volume even when social feeds obsess over token unlocks.

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