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November Softens but Perp DEX Platforms Flex $1.13 Trillion in Onchain Derivatives Action
1.12.2025
While decentralized perpetual exchanges, or perp DEXes, clocked an eye-popping $1.2 trillion in volume in October, the data reveals their November tally eased slightly, trading a bit softer than the prior month’s fireworks. While the dip clocked in at just $70 billion, November’s perp DEX haul...
Dromos Labs Reveals Aero After Merging 2 Major L2 DEXs
14.11.2025
Dromos Labs disclosed on Nov. 12, 2025, that Aerodrome and Velodrome will fold into a new unified decentralized exchange (DEX) called Aero, pulling Base, Optimism, Ethereum mainnet, and Circle’s Arc chain into one liquidity hub. New Aero DEX Aims to Streamline Trading on Base, Optimism, Ethereum...
Perp DEX Space Heats up — Lighter Ignites $68M Fundraise as Investors Flock to Defi’s Next Big Thing
11.11.2025
Vladimir Novakovski’s blockchain startup Lighter has secured $68 million in fresh funding from top-tier backers, marking one of the most notable reverse pivots in Silicon Valley—from artificial intelligence (AI) back to crypto. According to a Forbes report, Lighter’s $68 million round was led...
Terminal Finance CEO: Code Solves CEX Failures; DEX Raises $280M Pre-Launch
29.10.2025
Terminal Finance, a new decentralized exchange incubated by Ethena, has attracted over $280 million in pre-deposit total value locked. The Structural Difference: Code Over Custody In the wake of centralized exchange (CEX) failures and allegations of opaque governance following the market crash...
Bunni DEX Shuts Down, Cites Recovery Costs After $8.4M Exploit
23.10.2025
The team cannot afford the cost of relaunching the protocol, which would require significant investment in audits and development
Aster, Hyperliquid, and More: Nearly $1 Trillion in Perp DEX Trades Recorded in Just 30 Days
28.9.2025
With the perpetual decentralized exchange (DEX) wars blazing hotter than a meme coin rally, defillama.com shows the battlefield tally: nearly a trillion dollars in trades over the last week, with a cool $869.189 billion stamped on the books. Aster and Hyperliquid Command 52.80% of $869B Perp...
2025’s Perp DEX Wars: New Money, New Tech, No off-Switch
26.9.2025
Perpetual futures have become crypto’s main event, and the perp DEX wars—led by Hyperliquid, Aster, GMX, DYdX, ApeX, Drift, Jupiter, EdgeX, and Sunperp—are where the action won’t quit. From Order Books to Onchain: Inside 2025’s Perp DEX Dogfight Perpetuals are derivatives without an expiry; funding...
From Mempool Hunters to Math Proofs: Grvt’s $19M Onchain Play
20.9.2025
Grvt just closed a $19 million Series A to fuse privacy and scale into onchain finance, pitching a zero-knowledge (ZK) exchange that makes institutional polish feel retail-friendly. Grvt’s $19M Lift Targets MEV Pain and Compliance Friction Grvt (pronounced gravity) — a decentralized exchange (DEX)...
Top DEX Platforms Clear $425 Billion in a Monthlong Frenzy of Onchain Trading
25.8.2025
Decentralized finance (DeFi) finished the last 30 days with higher total value locked (TVL), broad green across leading chains, and trading concentrated on a handful of decentralized exchange (DEX) venues. From Swap to Tsunami Over the past month, aggregate DeFi TVL sits near $159.6 billion. That...
Ripple Highlights XRP Ledger Advancements Powering Institutional Blockchain Adoption
29.6.2025
Institutional DeFi enters a powerful new phase as the XRP Ledger activates a permissioned DEX, fusing compliance and decentralization to enable real-world blockchain finance access. XRP Ledger Powers New Permissioned DEX to Enable Institutional DeFi Access A landmark shift in decentralized finance...
Hyperliquid Achieves $10.1 Billion Open Interest High as HYPE Token Surges
26.5.2025
Hyperliquid has announced that it has achieved a new all-time high in open interest, reaching $10.1 billion. The decentralized exchange (DEX) also reported 24-hour fees of $5.6 million and a total value locked (TVL) in USDC of $3.5 billion. This DEX trading milestone reflects the growing activity...
Hyperliquid’s Emergency JELLY Delisting Saves $240M but Sparks Centralization Backlash
26.3.2025
Hyperliquid, a decentralized exchange (DEX) platform, delisted the JELLY token on March 26, 2025, following suspected market manipulation that triggered a $10.63 million loss, prompting emergency intervention by its validator network. Hyperliquid Delists JELLY Amid Suspected Market Manipulation...
DeFi Platform Abracadabra Hit by Hack, Offers Reward for Return
26.3.2025
Abracadabra Finance confirmed a hack of its GM cauldrons products, resulting in a loss of 13 million MIM stablecoins. Reward Offered to Hackers for Return of Stolen Funds The decentralized lending platform Abracadabra Finance confirmed on March 26 that its GM cauldrons suite of products was hacked...
DEX Platform Pancakeswap Dethrones Uniswap in Weekly Volume Race
23.3.2025
Per data aggregated from coinmarketcap.com and defillama.com, the decentralized exchange (DEX) platform Pancakeswap has eclipsed Uniswap in seven-day trading volume this week. DEX Volume Wars Analytics unveiled via a Sunday post on X by coinmarketcap.com’s social media account reveal that the...
Pump.fun’s New Pumpswap Exchange Targets Solana’s Meme Coin Ecosystem
20.3.2025
Pump.fun launched Pumpswap, its proprietary decentralized exchange (DEX) on the Solana blockchain, on March 20, 2025, to facilitate the trading of tokens created through its platform, according to the platform’s X account. Pump.fun Launches Pumpswap DEX Pumpswap operates with a 0.25% transaction...
Report: ‘Solana Is Drinking the Ethereum Milkshake’
29.1.2025
Cryptocurrency exchange OKX says “Solana’s meteoric ascent redefined the potential of Web3,” in its 2025 “State of DEXs” report. Solana Is Surging While Ethereum Is Fighting for Relevance Says OKX When it comes to dominating volume on decentralized exchanges (DEXs), Solana is eating Ethereum’s...
Thorchain Faces Insolvency, Halts Redemptions
24.1.2025
Node operators voted to temporarily suspend redemptions for the platform’s decentralized finance (defi) offerings, but core developers claim it’s business as usual for all other aspects of the network. Thorchain Teeters on the Edge of Insolvency Decentralized exchange Thorchain halted fund...
Markets blow up, so ‘the best prep is to have a plan to buy fear and sell euphoria’ — Veteran trader
6.8.2024
Pear Protocol founder HUF says “a limited pool of capital constantly rotating between narratives” is a clear sign of “late cycle behavior.”
Shibaswap Migrates to Shibarium Network, Expanding Access to 2 Chains
15.5.2024
On May 15, the development team for the meme token project SHIB announced that the decentralized exchange (dex) Shibaswap has been ported to the Shibarium blockchain. SHIB’s lead developer detailed that Shibaswap’s trading platform is now accessible to users of both the Ethereum and Shibarium...
Billion-Dollar Volumes and Then a Steep Drop Prompts Allegations of Wash Trading on Aevo
15.3.2024
In response, Aevo says customers suddenly traded more on its decentralized exchange to try to get some of its airdrop