Topaz DEX's transaction volume exceeded US$1.5 billion within three months after its launch on the

Topaz DEX's trading volume exceeded US$1.5 billion in three months after its launch on the BNB chain

New York, NY-Topaz DEX, the ve(3,3) liquidity market located on the BNB Chain, announced on August 15 that its cumulative trading volume had exceeded US$1.5 billion in less than three months since its public launch. This milestone marks an early stage of growth for the decentralized exchange and its expanding community of traders, liquidity providers, governance participants and BNB ecosystem builders.

Since announcing this milestone, Topaz's public analytics dashboard has continued to show growth, with cumulative transaction volume now exceeding US$1.8 billion. The platform currently tracks 129 liquidity pools and 76 active gauges, reflecting its activity in trading, liquidity and incentive markets.

Mechanism design based on the ve(3,3) model

Topaz is built around the ve(3,3) model and closely connects trading activities, liquidity and governance. Liquidity providers inject capital into the market, earn transaction fees and receive TOPAZ token emission incentives for eligible pledged positions. TOPAZ holders can lock in tokens into veTOPAZ positions and vote on which markets receive emissions each week, giving token holders a direct role in determining the allocation of liquidity incentives.

Through Slipstream infrastructure, the protocol introduces centralized liquidity on top of the traditional automated market maker (AMM) pool. Centralized liquidity allows liquidity providers to allocate capital within selected price ranges, while Topaz supports custom fees for each pool and dynamic fee adjustments on the chain. These functions allow each market to adopt the right fee structure based on its own liquidity and trading conditions.

Competitive liquidity incentive markets

Topaz's dashboard system creates a market around liquidity incentives. veTOPAZ holders direct emissions to selected pools, while project owners can provide additional incentives to attract votes. This creates a competitive market around liquidity incentives, allowing project parties to encourage liquidity while allowing governance participants to influence the flow of agreement emissions.

The agreement also emphasizes transparency and public verification of market activities. Topaz publishes protocol, pools, dashboards, voting, incentive and fee data through public analytical dashboards and APIs. The analytics system refreshes snapshot data every 15 minutes, allowing users and developers to monitor activity and access protocol data from a unified common source.

Founders 'Views and Future Outlook

"Reaching US$1.5 billion in transaction volume is an important milestone for Topaz and reflects the level of activity we have seen since BNB Chain was launched. Our focus is on building a liquidity market that brings traders, liquidity providers, token holders and project parties into the same economic system." said Aaron Shames, founder of Topaz DEX.

As Topaz continues to expand on BNB Chain, the agreement focuses on expanding its liquidity infrastructure, market reach and developer ecosystem. The platform is also building an AI agent infrastructure, including Topaz Agents and Agent Skills, to support AI-based strategies and programmatic interactions with the Topaz Marketplace. These tools are designed to simplify the interaction of developers and automated systems with the liquidity and transaction infrastructure on the chain.

About Topaz DEX

Topaz DEX is an unmanaged DeFi protocol on the BNB Chain that serves as a liquidity and transaction infrastructure layer for traders, liquidity providers, token holders, project parties and developers. In addition to DEX and governance infrastructure, Topaz also provides public market data, open source contracts, developer APIs, and broader DeFi ecosystem integration.

The platform provides native AI tools that allow users and developers to analyze markets, build transactions, and programmatically interact with Topaz protocol workflows.

Aaron Shames – aaron@topazdex.com
Nick – nick@topazdex.com
Den – den@topazdex.com