Yes as they trade on spot DEX market. However Frax, TerraUSD (RIP) volume is not that huge AFAIK. I think the only synthetic, or fractionally backed stables le

Yes as they trade on spot DEX market. However Frax, TerraUSD (RIP) volume is not that huge AFAIK. I think the only synthetic, or fractionally backed stables left are Ohm and Frax. They do not have any significant market share. Most volume is in - USDT/USDC pairs - ETH pairs - BNB pairs I run a website that tracks this stuff: https://tradingstrategy.ai/trading-view/exchanges https://tradingstrategy.ai/trading-view/exchanges