DEX News

Aevo has experienced a notable surge in price after the Paradigm-backed decentralized derivatives layer 2 platform announced it completed the repurchase of 1 million tokens. On Sept. 4, the Ethereum (ETH)-based crypto options and perpetuals trading platform revealed its August…

Injective, the popular Cosmos-based blockchain for decentralized finance, continued retreating amid concerns about its ecosystem. Injective (INJ) token retreated to $16.90 on Sep. 3, its lowest point since Aug. 8. It has dropped by over 67% from its highest point…

PancakeSwap has seen the price of its native token rise slightly after the multi-chain decentralized exchange announced it had burned more than 9 million of the tokens. The price of PancakeSwap (CAKE) rose by about 2.3% following the announcement. This…

DEX volumes dropped slightly in August as Ethereum dApps led, followed by Solana and Arbitrum

Polygon retreated for the first time in 10 days, even after seeing encouraging metrics on its non-fungible token and decentralized finance ecosystem. DEX volume and NFT sales rise Polygon (MATIC) retreated to a low of $0.53, down from last week’s…

Binance Coin’s price rally gained momentum as futures open interest reached its highest level since July 7, coupled with an increase in its Decentralized Exchange (DEX) volume. The Binance Coin (BNB) token rose for three consecutive days, hitting a high…

Decentralized crypto exchange SushiSwap now supports layer-3 protocols on Orbs to bring new order types, including the ability to spread out orders over time. SushiSwap, a decentralized exchange and automated market maker, has integrated layer-3 Orbs’ (ORBS) dLIMIT and DCA…

The Jupiter exchange is warning of a malicious Chrome extension called “Bull Checker,” which it says is targeting Solana users. The exchange’s warning comes in the wake of complaints by several Solana (SOL) decentralized finance users about having their crypto…

Velodrome Finance’s token consolidation continued, reflecting the broader price action seen in Bitcoin and other altcoins. Velodrome (VELO) was trading at $0.065, a level it has maintained since Aug. 6, giving it a market cap of over $90 million. At…

Solana price has been stuck in a deep bear market as the volume in its decentralized exchanges and futures open interest dipped. Solana (SOL) has risen for two consecutive weeks and was up by over 33% from its lowest point…

Blending features from centralized and decentralized exchange architecture is an obvious choice in a market that’s becoming more mature and competitive.

Jupiter DEX is facing increasing scrutiny as users have observed a nearly 50% transaction failure rate, prompting concerns and questions about the platform’s performance. Many are looking for explanations and wondering what measures are being taken to address this issue.…

Solana has surpassed Ethereum for monthly decentralized exchange (DEX) trading volume for the first time in crypto history. Solana (SOL) DEX volume hit $55.8 billion in July, outpacing on-chain trading activity on Ethereum (ETH) between July 1 and July 31,…

GMX, an on-chain perpetual and spot exchange, has announced that a proposal to change the platform’s revenue distribution model has entered the on-chain vote stage. According to an announcement on July 31, the new revenue distribution model aims to enhance…

Offering services like bill payments via crypto or fiat purchasing capabilities pushes the idea of what a DEX can provide its user base while encouraging continuous usage.

MonoSwap, a yield farming protocol, has suffered a significant hack after a fake venture capitalist installed malware on a developer's tech.