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Paper Volume, Real Fees: The Single-Tx Swaps Distorting On-Chain Market Dashboards

NullTX·October 8, 2026·1 min read
Paper Volume, Real Fees: The Single-Tx Swaps Distorting On-Chain Market Dashboards

Bitquery's six-chain audit found 58.4% of flagged trading volume on Solana, but a BNB Chain contract with about 5,500 wallets showed more flagged trading than any other single move. The audit covered August 24 to September 22, highlighting single-transaction swaps distorting on-chain market dashboards.

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