QuickSwap and Polygon have taken the reins in 2024, shipping new and exciting updates that are revolutionising DeFi and beyond.
More growth, partnerships, integrations… the list is endless. QuickSwap has had its head down throughout the entire year, relentlessly innovating and building the very best tech to support the entire ecosystem and community.
What an incredible year it’s been. And things are looking even more promising for 2025 and onwards.
Ready for some thrilling highlights? It’s time to dive in to the biggest events that happened in 2024.
On-Chain Stats
QuickSwap continued to showcase its dominance as the leading DEX on all Polygon chains. Here are some of the highlights of the impressive stats to showcase for 2024:
Polygon PoS
- Total Volume: $19.95B
- Peak TVL: $150M
- Fees Generated: $17M
- Trade Count: 35.4M
Polygon zkEVM
- Total Volume: $297M
- Peak TVL: $6.3M
QuickPerps Falkor
- Total Volume: $122M
Manta Pacific
- Total Volume: $897M
- Peak TVL: $27M
Immutable zkEVM
- Total Volume: $286.8M
- Peak TVL: $16.5M
Q1 2024 (January - March)
- MANTA Token Airdrop: 60,000+ MANTA tokens were airdropped to the QuickSwap community for both OG users and participants in Manta Network’s Galxe campaign
- KuCoin Listing: QUICK (New) listed on KuCoin, a Tier 1 CEX where users can trade the QUICK - USDT pair
- Immutable zkEVM Mainnet: QuickSwap went live on Immutable zkEVM Mainnet, bringing state-of-the-art DeFi onto Web3’s leading gaming chain with swaps, LP, and farms
- Liquidity Hub on zkEVM: QuickSwap Liquidity Hub went live on Polygon zkEVM (the second chain deployment after Polygon PoS), powered by Orbs Network. This enabled faster, more efficient swaps with less price impact for tradoooors
- Merkl Tree Integration: QuickSwap launched its Merkl Tree Integration on Polygon PoS, completely transforming the liquidity providing process. This new tech allowed LPs to deposit liquidity in supported pools of their choice and immediately begin earning farming rewards, all in one click
Q2 2024 (April - June)
- Yoki Origins: QuickSwap participated in Astar Network’s Yoki Origins campaign where users went to their portal to complete social and on-chain tasks on Astar zkEVM
- X Layer Launch: QuickSwap went live on X Layer Mainnet, OKX’s new EVM Layer 2 chain powered by Polygon CDK tech
- Falkor Perps DEX Launch: QuickPerps Falkor went live on Polygon PoS, a decentralised perpetual exchange built on Orderly Network that allows for up to 50x leverage trading with zero gas fees, deep liquidity, and more
Q3 2024 (July - September)
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- Hydra Perps DEX Launch: QuickPerps Hydra went live on Polygon zkEVM, enabling users to trade with up to 100x leverage
- SparkDEX Partnership: QuickSwap and SparkDEX pushed phase 1 of their new partnership together, where the DEX added SparkDEX (Flare Network) to the chain dropdown menu on the website
- POL Migration: Earlier last year, Polygon initiated the MATIC to POL token migration, and POL was soon listed on QuickSwap for trading
- New UI: The QuickSwap website and UI/UX got a major overhaul, marking improvements in efficiency and design across the board for users
- Justin Sun News: September was a wild month, where Justin Sun (TRON Founder) mentioned QuickSwap in several posts on the X platform, getting ready for the DEX to deploy on BTTC (Bittorent Chain)
- QUICK on Binance Futures: QUICK has listed on the Binance Futures exchange, allowing users to trade the token (perps) with up to 75x leverage
- 100% QUICK Burn: In October, the community voted ‘Yes’ to a governance proposal to temporarily (3-month trial) burn 100% of QUICK tokens with protocol revenue
- DragonFi Ecosystem Highlights: A high-quality video giving a comprehensive overview of QuickSwap’s entire DragonFi ecosystem was released
Q4 2024 (October - December)
- Falkor Launch on ETH: After deploying the Falkor perps DEX on Polygon PoS, QuickSwap expanded its horizons and launched it on Ethereum. This was a major move to the ETH L1 Mainnet, allowing Ethereum users to deposit onto the perps DEX directly from the native ecosystem
- Liquidity Hub on ETH: As part 2 of the expansion to Ethereum, QuickSwap Liquidity Hub went live on the ETH L1 Mainnet. This integration with Orbs Network is in the form of a swap aggregator, where users can trade ERC-20 tokens on Ethereum via QuickSwap for some of the most optimal prices and lowest slippage that the network has to offer
- Polygon Memecoin Mania: Hype brewed across the Polygon memecoin sector, with Polygon and Wen Markets officially showcasing their ‘Hallowen’ event in October
Bring On 2025
Other important events across the year were as follows:
- DragonFi 2.0: The DragonFi 2.0 narrative continued to unfold into 2024, revealing details about QuickSwap’s products, community, revenue streams, and much more
- X Spaces Rebrand: ‘All Roads Lead to Polygon’ rebranded to ‘The Aggregated’ X Spaces, maintaining its position as one of Web3’s top crypto podcasts and amassing over 1,000,000+ listeners in 2024
- Year of the Dragon: As everyone knows, 2024 was the Year of the Dragon. QuickSwap continued growing its ecosystem an
- Governance Proposals: Throughout 2024, QuickSwap launched a whopping 24 governance proposals on Snapshot - the community was incredibly active and accomplished a lot by pushing important decisions through