DEX News
Latest DEX News
Uniswap Labs has rolled out its Ethereum-compatible layer 2 network “Unichain” after four months of testing and over 100 million settled on-chain transactions.
After the recent listing of the BNB Chain’s Test Token on Binance, co-founder Changpeng Zhao criticized the token listing process on centralized exchanges, calling it “broken” and suggesting that exchanges should adopt a more automatic listing approach similar to decentralized…
BNB
BNB
PancakeSwap (CAKE) token rose to a high of $2.1600, up by over 75% from its lowest level this month, bringing its market cap to $556 million.
CAKE
PancakeSwap
PancakeSwap has expanded its advanced trading features to Arbitrum, Linea, and Base. PancakeSwap was able to accomplish these features on Arbitrum (ARB), Linea, and Base by integrating Orbs’ dLIMIT and dTWAP protocols, according to a note shared with crypto.news. These…
The word peer loosely means equals. In cryptocurrency circles, peer-to-peer (P2P) interaction means transaction activity between members of a cryptocurrency network relating as equals. It is a departure from centralized banking, where an all-powerful bank regulates all transactions. In this…
BTC
Bitcoin
The Hyperliquid token rebounded on Monday as the network approached a key milestone in trading volume. The price of Hyperliquid (HYPE) rose to $25.80 on Monday, climbing more than 25% from its lowest level over the weekend. Data compiled by…
HYPE
Hyperliquid
Solana price retreated sharply during the weekend even as the network capped a record $258 billion milestone in January. Solana (SOL) dropped to $210 on Sunday, down by almost 30% from its highest level this year, bringing its market cap…
Uniswap v4 has gone live across several blockchain networks while swapping features will debut in the coming days for all users.
On-chain investigator ZachXBT reported that Ripple was compromised for approximately 213 million XRP, valued at around $112.5M. In a recent post on X, ZachXBT flagged suspicious Ripple (XRP) transfers worth around $112.5M, which were sent to exchanges from a wallet…
XRP
XRP
As of Jan. 21, Solana saw $120.6 billion in its DEX trading volume, a 323.3% premium over the last seven days. Now, analysts wonder if it can compete with Ethereum and position itself as the top Layer 1 blockchain in…
Jupiter, the leading perpetual exchange network on Solana, is seeking more growth opportunities. In an X post, Jupiter’s (JUP) pseudonymous founder, known as “Meow,” said the decentralized exchange had acquired a majority stake in Moonshot for an undisclosed sum. Moonshot…
Raydium price continued its strong rally, reaching its highest level since December 2021, as its network growth surged. Raydium (RAY) crossed the critical resistance level at $8, rising by over 8,000% from its 2023 low. The token’s rally was fueled…
The DeXe Protocol token has performed well this year as market participants anticipate major developments in the ecosystem and as its staking volume increases. DeXe (DEXE) price climbed to a high of $19.75 this week, up by 155% from its…
ETH
Ethereum
Hyperliquid, the largest player in the decentralized perpetual futures trading industry, is performing well as its volume surges. Hyperliquid (HYPE) token rose by over 10% on January 12, even as other popular cryptocurrency prices declined. The token reached $23.10, its…
Solana hits new all-time highs in both TVL and DEX volume after the explosive debut of TRUMP and MELANIA on the crypto market. According to data from DeFi Llama, the Solana (SOL) network’s total value locked reached a new all-time…
Solana’s volume in the decentralized exchange industry jumped to a record high on Sunday, Jan. 19. According to DeFi Llama, Solana’s (SOL) DEX protocols handled $19.47 billion in volume, up from $19.37 billion the previous day. The previous daily record…