Case study

How Miren took Swap.io from zero to $750M+ in volume

Swap.io came to Miren with a domain name and a simple swap. No users, no volume, no distribution. Miren runs its social media, community, affiliates and creator programs end to end.

$750M+Cumulative spot volume
5,600+Wallets acquired
6,000+Followers on X
2,000+Community members

All figures since launch. Every count started at zero.

Cumulative growth, not a one-off spike

Volume kept compounding month after month as new channels came online.

Cumulative spot volume (USD)

Approximate monthly values from Swap.io's internal volume dashboard.
Monthly volume data
Oct
$5M
Nov
$30M
Dec
$35M
Jan
$48M
Feb
$130M
Mar
$445M
Apr
$525M
May
$530M
Jun
$530M
Jul
$532M
Aug
$755M
Sep
$760M

The starting point

No active users

No trading volume

No distribution channels

The mandate: prove real demand by acquiring active traders quickly in a highly competitive market.

What Miren built

Distribution to traders, communities and creators

Outreach and partnerships with trading communities and creators that brought traders on-chain.

Trading competitions

A recurring competition structure, including weekly Flash Challenges, to keep traders active.

Social questing

A questing system that rewards traders for engaging on X and in the community.

Integrations and partnerships

Relationships with integrators and key players across the ecosystem.

The last activation

2 weeksDuration
1M+Impressions
320UGC videos and posts
+$10MTrading volume
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