PAX daily trading reaches $ 1.3 billion, of which $ 850 million comes from unknown exchanges

According to Skew, a cryptocurrency derivatives research firm, the trading volume of the stablecoin PAX reached a record $ 1.3 billion on Tuesday, an increase of 282% from the previous trading day of $ 339 million. However, according to CoinMarketCap, the surge in transaction volume may not be the case, as more than $ 850 million in transaction volume comes from the unknown, centralized cryptocurrency exchange TOKOK. Excluding transaction data from TOKOK, the total transaction volume is approximately $ 400 million, which is the average daily transaction volume for the past six months.