Dexalot, a decentralized exchange on Avalanche, demonstrates remarkable growth with a 1,219% cumulative trading volume increase from $15,880 to $1.22B between September 2023 and January 2025. The platform attracts 38,154 unique traders, with weekly trades surging exponentially from 152 to 59,799, representing a 39,000% increase. However, the platform faces user retention challenges, with trader activity dropping from 16.95% to 2.48% in the first-month cohort over a 17-month period, suggesting potential scalability and engagement issues despite significant trading volume expansion.