npub1qq…um76f on Nostr: #relaytotwitter ...

#relaytotwitter

quoting nevent1q…fadt

As you know I have been tracking the progress of Xchange, a new DEX from [X7 Finance ](https://x7.finance/) which is preparing to exit beta and make its official launch. I noticed it's 7 day volume had already placed it in the TOP 25 DEXs ranked by volume:

Source: [Dune Dashboard](https://dune.com/hagaetc/dex-metrics)

The 24 hr volume bounces around a lot, so I think the 7 day volume is a better indicator.

So you can see Xchange listed their at number 24, just above Trader Joe at 25 and just below GMX at 23.

So lets compare the market value of these 3

## # 23 GMX
### Fully Diluted Valuation: $438 Million



## #25 Trader Joe
### Fully Diluted Valuaton: $126 million



## How much is #24 Xchange worth?

Lets see if we can work it out. If #23 is worth $438 million and #25 is worth $126 million, then the value of number #24 must fall somewhere in between those two, correct?

What about if we took the average of #23 and #25 which would be:

``($438 million + $126 million)/2 = $282 million ``

So lets say $280 million. Does that sound like a fair guess to you?

## What value is #24 Xchange actually trading for today?

Xchange is part of the larger X7 Finance ecosystem which is made up of 7 tokens.


### What??? The Fully Diluted Valuation for #24 Xchange is less then $10 million?

The gap between $10 million and the $280 million we were expecting is huge. To sum up:

#23 GMX $438 million
#24 Xchange $10 million
#25 Trader Joe $126 million

You can do the math yourself to determine if this is a buying opportunity. Do you think others will take advantage of this valuation discrepancy once they learn about Xchange and X7 Finance. Maybe this is one of those cases where the early bird catches the worm.

Another question you might ask yourself is what secret sauce does Xchange have that has attracted so much volume. It literally came out of nowhere and is now rubbing shoulders with much better know DEXs. Wait till more people learn about that secret sauce.

This is not investment advice. Do your own research. Consult your finance professional for advice.

More information
[X7 Finance Website](https://x7.finance/)
[Community Website](https://www.x7finance.org/)
[Telegram Channel](https://t.me/x7m105portal)
[X (Formerly Twitter)](https://twitter.com/x7_finance)
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