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April 4: Velodrome, an AMM-based decentralized exchange on Optimism, officially announced their second major deployment onto the BOB (Build on Bitcoin) network, a Bitcoin layer-2 network with EVM compatibility. According…
Join Our Telegram channel to stay up to date on breaking news coverage 1inch (1INCH) price is trading is scaling a recovery rally, pulling north after a 30% slump that…
SpiritSwap, a decentralized exchange (DEX) on Fantom, will no longer shut its doors in September after having treasury funds stuck on troubled cross-chain protocol Multichain.In an Aug. 16 community vote,…
https://preview.redd.it/z74o7njtdr1b1.jpg?width=1279&format=pjpg&auto=webp&s=4549c68422ce43313c65a97e76c4171dc283bccc The total volume of spot trading on all cryptocurrency exchanges worldwide exceeds $50 billion per day. While this is a large value, it pales in comparison to the trading…
Smart contract auditor CertiK claims to have blocked $160,000 from Merlin, a zkSync-based decentralized exchange that has been the center of a rogue insider “rugpull” that lost users $1.8 million…
Trader Joe has risen to the top five decentralized exchanges by trading volume after the launch of its V2 platform on Arbitrum on Feb. 1, 2023. Top five DEX by 7-day…
Kwenta works in tandem with Synthetix, a popular DEX that offers crypto, equity, and forex futures to traders. On Kwenta, Synthetix stakers take the other side of every trade. Funding…
What is a Decentralized Exchange?A decentralized exchange, or DEX, uses smart contracts to enable cryptocurrency trading directly between users, without the need for an intermediary.Unlike a centralized exchange, a DEX…
The price of GMX rallied to its second-highest level in history on Dec. 1 as traders assessed the decentralized exchange’s ability to evolve as a serious competitor to its top…
