Let’s analyze the hottest trading pairs on Aptos DEXs over the last 30 days. 
Top Trading Pairs by Volume:
USDC-USDt: $3.31B volume (12.4M swaps) - The absolute king of Aptos trading
APT-USDC: $855M volume (7.8M swaps) - Core native token pair
USDC-xBTC: $127M volume (307K swaps) - Bitcoin bridge activity
APT-USDt: $118M volume (1.1M swaps) - Alternative stablecoin route
sUSDe-USDC: $92M volume (1.9M swaps) - Ethena’s synthetic dollar
Growth Champions (Recent 7D vs Previous 7D):
APT-kAPT: +175.65% volume growth (liquid staking surge!)
amAPT-APT: +140.63% volume growth (another staking derivative)
USDC-WBTC: +28.05% volume growth (Bitcoin demand rising)
USDC-xBTC: +22.79% volume growth (consistent BTC activity)
What’s Surprising
Stablecoin Dominance: USDC-USDt represents nearly 70% of total volume - massive arbitrage activity
Staking Derivatives Boom: APT-kAPT and amAPT-APT showing explosive growth as liquid staking gains traction
Bitcoin Bridge Activity: Multiple BTC variants (xBTC, WBTC, aBTC) showing strong volume
Platform Concentration: Hyperfluid dominates with 68-97% market share on major pairs
Platform Landscape
1⃣hyperion_xyz: Dominates large pairs (68-97% market share)
2⃣ThalaLabs: Strong secondary position (26-30% on major pairs)
3⃣CellanaFinance: Emerging with 1-15% market share
4⃣11 platforms serve APT-USDC, showing healthy competition
Market Dynamics
Average swap sizes vary dramatically: $1,814 (FIABTC-xBTC) vs $8.20 (APT-ECHO)
Daily volatility is high: APT-ECHO swings from $350K to $1.8M daily volume
Consistent activity: All top pairs traded every single day for 30 days