SaucerSwap, an open source and non-custodial crypto trading protocol and the first decentralized exchange (DEX) to launch on Hedera, has recorded a three-fold increase in Total Value Locked (TVL) since it received development funding support from The Hashgraph Association (THA) in 2023. TVL on SaucerSwap increased from approximately $35 million to over $150 million at the beginning of March, a 300% surge in less than a year.