In the rapidly changing cryptocurrency market, objective data often reveals the most authentic market dynamics. By deeply analyzing the core operating metrics of the LISTA protocol, we can clearly see how $LISTA is gradually becoming a key indicator of the health of the USD1 chain ecosystem. This is not just a simple token, but an important tool for observing the vitality of the entire on-chain ecosystem.

Let's first focus on some key data of LISTA:

The total locked value (TVL) has shown an astonishing growth momentum, skyrocketing from an initial 5 million USD to the current 82 million USD, achieving a 1540% increase in just three months. Notably, the proportion of long-tail assets has also risen from 15% to 42%, demonstrating the increasing diversity of the ecosystem.

The average daily trading volume has exceeded 35 million USD, accounting for 18% of the total trading volume on the USD1 chain, making LISTA among the top three in the DEX aggregator field.

In terms of user activity, the number of monthly active trading users exceeds 120,000, with new users (registered for less than 30 days) accounting for as much as 65%, reflecting LISTA's strong appeal to the market.

The circulating market value of $LISTA is currently about 120 million USD, with a growth rate of 210% over the past 30 days, significantly outpacing the average growth of around 80% for other mainstream tokens on the USD1 chain.

So, what is the reason why users favor LISTA? One important factor is its support strategy for small projects. For long-tail assets with a total locked amount of less than 1 million USD, the LISTA protocol provides an "initial liquidity subsidy" mechanism. Under this mechanism, market makers can receive double $LISTA rewards, which greatly helps emerging projects quickly establish trading depth.

A typical case is that a newly launched MEME coin achieved an average daily trading volume of 500,000 USD within just 7 days through the liquidity pool of LISTA, which represents a significant improvement compared to traditional methods.

The success of LISTA is not only reflected in data growth, but more importantly, it injects new vitality into the entire USD1 chain ecosystem. By supporting emerging projects and long-tail assets, LISTA is driving the diversified development of the entire ecosystem, bringing more choices to users, while also creating more opportunities for the entire market.

With the continuous development of the encryption market, innovative protocols like LISTA will continue to play an important role in driving the industry forward. Investors and market participants should closely monitor the development of these emerging protocols, as they may become important indicators of future market trends.