Gm,
Casual check on V1 this morning: 24H volume almost $1M.
I assumed an indexer bug. Before pinging the team, I opened Dune. It showed nothing, which seemed to confirm it, until I noticed the last run was 20h old. Hit re-run and ~$1M lit up the dashboards.
The culprit was Deaton (TRCH1), doing almost all of it in a single night:
24H volume: $920K
APY: 445%, 77 points above LOYAL's 368%
That's by far the biggest volume Omnipair V1 has ever done. It literally breaks the charts. And we only hold ~50% of TRCH1's liquidity.
It's also a reminder that V1's two highest APYs come from two completely separate revenue streams: one spot, one credit/lending.