Liquidity providers deposit funds into Trader Joe and receive trading fees from traders (supply-side fees).

Trader Joe is a non-custodial exchange protocol built on Avalanche (originally a fork of SushiSwap). Trader Joe was founded by an anonymous team and launched in 2021.

JOE tokenholders own and govern the protocol. They currently take a cut of the total trading fees paid by traders (revenue). Trader Joe's investors include Three Arrows Capital, DeFiance Capital, GBV Capital, Mechanism Capital, etc.

Competitive landscape

Daily market cap (fully diluted) for Trader Joe in the past 180 days.