DEX News

Decentralized exchange Uniswap has launched in-app, permissionless cross-chain bridging for its users, with service available across nine blockchain networks. On Oct. 23, the Uniswap (UNI) team announced that its permissionless cross-chain bridge was now live, bringing the DEX protocol closer…

Raydium, the largest decentralized exchange on the Solana blockchain, is firing on all cylinders as its token and volume rise. Raydium (RAY) token rose for six consecutive days, reaching its highest point since July 21. It is up 115% from…

Ethena has broken out of a rare bullish pattern on the one-day charts and could see gains of over 65% from the current price. Over the last seven days, Ethena (ENA) — best known for the USDe stablecoin — rose…

DeFi platform Ambient Finance regained control of its website after hackers commandeered its domain. Ambient Finance became the latest decentralized finance protocol to face a series of front-end attacks launched by unknown cybercriminals. On Oct. 17, Ambient notified its decentralized…

Analysts at blockchain security firm Blockaid say the front-end of Ambient Finance has allegedly been targeted by hackers. Ambient Finance (formerly CrocSwap), a decentralized cryptocurrency exchange backed by Circle Ventures and Jane Street, has seemingly suffered a front-end hacker attack,…

Ripple led a $25 million funding round for Bitnomial, a digital assets derivatives exchange and brokerage platform based and regulated in the United States. Bitnomial announced on Oct. 15 that Ripple, the company behind XRP (XRP), led the funding round.…

Founder of DeFi Report, Michael Nadeau, concluded that Uniswap’s upcoming layer 2 solution, Unichain, could bring in more value for Uniswap Labs and its token holders. In an Oct. 14 X post, Michael Nadeau, the founder of DeFi Report, stated…

Decentralized exchange Uniswap has entered the layer-2 solution landscape with its new initiative to “accelerate Ethereum’s scaling roadmap.” Uniswap, one of the largest decentralized exchanges by trading volume, has unveiled Unichain, a new open-source Ethereum-based layer-2 network designed to enhance…

Antonio Juliano has returned as CEO of dYdX, six months after stepping down, emphasizing the need for founder-led leadership. DYdX founder Antonio Juliano has resumed his role as chief executive officer of the decentralized exchange after a six-month hiatus, citing…

Both Dogecoin and Shiba Inu have emerged as major players in the meme coin world. Their light-hearted branding has proven popular in the market, catapulting them to success. While they may seem similar on the surface, these two coins have…

The Ethena community is set to vote on a proposal to integrate Ethereal, a decentralized exchange built on USDe, into Ethena’s reserve management system. The Ethena Labs community will soon vote on a proposal to integrate Ethereal, a decentralized exchange…

Crypto volume staged a strong comeback in centralized and decentralized exchanges as most coins bounced back.  Solana, Base, and Sui’s volume soared According to DeFi Llama data, DEX networks in Solana (SOL), Base, and Sui (SUI) led the recovery, rising…

As the decentralized industry continues to grow, only tighter integration between traditional and digital currencies will facilitate faster adoption of crypto.

Jupiter has opened voting on what happens to the 215 million JUP tokens unclaimed from the project’s airdrop. On Sept. 27, the Jupiter (JUP) team announced that the vote on how to dispose of unclaimed tokens is live. The tokens…

Aerodrome has surpassed the $1 billion mark in total value locked as deposits into the liquidity protocol soared. Data from DeFiLlama shows Aerodrome, a decentralized exchange platform on the Base, saw its TVL rise by 22% in the past week…

GMX token remained flat on Tuesday, Sept. 24, as most cryptocurrencies continued consolidating and volume in its ecosystem retreated. GMX (GMX) was trading at $25.2, slightly above this month’s low of $21.55. It has risen by over 44% from its…