DEX News
Latest DEX News
L1 network HyperLiquid has activated staking on its mainnet with an initial $8.4 billion token lock up and 16 validators.
HYPE
Hyperliquid
HyperLiquid, the recently launched layer-1 blockchain and decentralized exchange, could outpace rivals in terms of fee generation in the next year, Syncracy Capital co-founder Ryan Watkins says. The DEX platform for perpetual futures has, in the past few days, attracted…
HYPE
Hyperliquid
Decentralized exchange platform PancakeSwap had a remarkable 2024 as growth across decentralized finance drove trading volume to over $310 billion. In a report summarizing the DEX platform’s year-over-year performance, PancakeSwap (CAKE) said its global trading volume reached $310.6 billion. The protocol achieved…
CAKE
PancakeSwap
Solana’s continued doing well in December, as meme coins helped it gain market share against Ethereum and other blockchains. According to DeFi Llama, Solana’s (SOL) protocols in the decentralized exchange industry were the most active in December. Its volume rose…
Velodrome Finance price surged and reached the year-to-date high after getting listed by Binance. Velodrome Finance (VELO), one of the biggest players in Optimism’s (OP) ecosystem, jumped to a high of $0.0335, up by 810% from its lowest level this…
OP
Optimism
VELO
Velodrome Finance
SparkDEX has announced the launch of SparkDEX Eternal, a perpetual decentralized exchange built on the Flare blockchain. According to a note shared with crypto.news, the platform introduces perpetual contracts, enabling traders to hold leveraged positions indefinitely without owning the underlying…
FLR
Flare
Uniswap’s price has rallied, crossing a crucial resistance level, with many crypto experts predicting further gains ahead. Uniswap (UNI) token surged to $19.44, its highest level since December 2021, as crypto momentum continued to strengthen. This rally coincides with robust…
UNI
Uniswap
IDEX, a prominent player in the decentralized exchange sector, surged to its highest level since March this year. The IDEX (IDEX) token climbed to $0.1150, marking a gain of over 335% from its lowest level this year and pushing its…
Uniswap continued its strong rally, rising for three straight weeks, and reaching its highest level in three years. Uniswap (UNI), the biggest player in the decentralized exchange industry, jumped to $18.38, up by over 400% from its lowest level in…
The Aerodrome Finance token continued its strong rally, rising for eight consecutive days as trading volume increased and smart money investors entered the market. Aerodrome (AERO) price rose to a high of $1.9446 on Dec. 6, its highest level since…
BRETT
Brett
What makes Pump.fun dominate Solana’s DEX market, even as scandals rock its ecosystem and raise questions about its sustainability? Pump.fun’s revenue takes a dip The crypto world is no stranger to wild trends, but every so often, something truly captivating…
Decentralized exchange Clipper was exploited for roughly $450,000 after an attacker exploited two of the protocol’s liquidity pools on the Optimism and Base blockchains. At 4 am UTC on Dec. 1, an attacker manipulated Clipper’s withdrawal function, exploiting its ability…
Pump.fun, which recently took a lot of flak over an ugly abuse of their livestream, has sent out a plea for urgent moderation reforms from the community.
Uniswap price rose for five consecutive days as crypto analysts predicted further upside potential. The Uniswap (UNI) token reached $12.37 on Monday, Nov. 25, marking its highest level since April 1. This represents a gain of over 150% from its…
UNI
Uniswap
Solana has surpassed the $100 billion threshold for monthly decentralized exchange trading volume for the first time in crypto history. Throughout November 2024, Solana(SOL) DEX volume reached $109.73 billion, surpassing other major cryptocurrency chains like Base (BASE), Ethereum(ETH) and BSC(BNB).…
SOL
Solana
Liquidity on DEX is in the hands of a few large providers, which reduces the degree of democratization of access to the DeFi market. Liquidity on decentralized exchanges is concentrated among a few large providers, reducing the democratization of access…