DEX News

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

DeFi exchange dydX announced that its website had been compromised after it was revealed the company is selling a portion of its trading software.

Proper design with robust security protocols is essential, and it is the only way new dApps can compete in a relatively mature market.

The crypto industry is famous for its fundraising capabilities, with $10.7 billion raised from venture capitalists in 2023 and three times that amount the year before. Of course, you don’t have to be a venture capitalist to invest in crypto.…

Arbitrum (ARB) token price has dropped by over 68% from its all-time high despite strong ecosystem growth and market share gains. Arbitrum (ARB) token was trading at $0.76 on Thursday, marking what some believe to be early stages from a…

SparkDEX, a friendly fork of the QuickSwap decentralized exchange, will deploy its DeFi Hub featuring an automated market maker (AMM) and perps protocol on Flare. In an announcement on Monday, Flare announced that SparkDEX has decided to launch its DeFi…

Defi’s emergence and growing use represent a shift in finance, promising greater autonomy and accessibility for a broader demographic.

Layer 3 blockchain Orbs has launched its liquidity hub on Blast-based decentralized exchange (DEX) protocol Fenix Finance. The Orbs team announced the development on Thursday, noting that Orbs Liquidity Hub deployment will help to boost liquidity and capital efficiency for…

Crypto market maker Gotbit came under fire after selling $4 million worth of WATER tokens, which intensified the token’s 70% price drop. Market maker Gotbit, founded by Russian trader Alexey Andryunin, was identified as one of the entities responsible for…

Fenix Finance, a decentralized exchange (DEX) protocol on the Blast network, has secured a $300,000 seed investment round, according to an announcement. Layer-3 protocol Orbs, which doubles as Fenix’s technology partner, led the seed funding round. Fenix to deploy funds…

Few platforms have faced as much skepticism as Solana. Critics often portray it as a centralized network plagued by frequent outages. However, such a narrative does not align with the actual data and progress witnessed within the Solana ecosystem. This…

Uniswap has generated more than twice in fees compared to any other decentralized exchanges (DEXs) in the past 30 days, latest data from Token Terminal shows. With nearly $100 million in fees generated this past month, Uniswap DAO ranks highest…

While defi continues to mature, the ability of a DEX to monetize its operations will play a role in shaping the future of finance.

Jellyverse, the DeFi platform that serves as Balancer’s exclusive partner on the Sei blockchain, has launched a new decentralized exchange (DEX) as it targets further growth within the DeFi space. The Jellyverse team revealed the new ecosystem via a press…

Fantasy.top and Pump.fun have emerged as leading cryptocurrency protocols, ranking among the top ten by fees and revenue generated.

Liquid restaking protocol Renzo launched its token airdrop, which has a market cap of nearly $300 million, as users claimed REZ coins.