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Data shows parabolic-style growth in layer-2-based DeFi and DEX platforms
21.9.2021
Layer-2-based DeFi and DEX platforms have seen an incredible surge in user activity, revenue and total value locked since the launch of Arbitrum and Avalanche’s cross-chain bridge
Defi TVL Climbs Higher, Optimism Use Rises, 270K BTC on ETH, Lending on ETH Taps $44 Billion
18.9.2021
In mid-September, the total-value locked (TVL) in decentralized finance (defi) continues to climb higher, as the value held on Ethereum, Binance Smart Chain, Avalanche, Solana, and more blockchains has risen dramatically to $171 billion today. On the Ethereum network, there’s 270,783 bitcoin...
MonoX raise $5M to launch single-token liquidity pools
17.9.2021
The automated market maker is currently in beta development and set to launch in Q3 2021
SushiSwap leads DEX token gains as SUSHI price rises by 23% in 24 hours
16.9.2021
SUSHI price reached its best level in four months while its top rivals Uniswap, THORChain, and PancakeSwap also saw gains
3 reasons why Polkadot is en-route to a new ATH even after a 256% rally
14.9.2021
Steady development and strong fundamentals suggest that DOT's rally toward a new all-time high is in the making
Balancer Protocol Reveals Partnership With Wallstreetbets Defi Project Wsbdapp
9.9.2021
On Wednesday, the programmable liquidity platform Balancer Protocol announced the project has partnered with the Wallstreetbets defi project Wsbdapp. The announcement details that the two projects will collaborate in order to launch Wsbdapp’s exchange-traded portfolios (ETPs) on Balancer...
Meet the First BCH Dex Built on Smartbch — Benswap.cash Presents High-Yield Liquidity Pools, Noncustodial Swaps
8.9.2021
Decentralized finance (defi) has set a trend during the latter half of 2020 and into this year, as statistics show $168 billion is locked in defi across various blockchains. The Bitcoin Cash network now has the Smartbch protocol and in recent times, a decentralized exchange (dex) platform...
Total Value Locked Across Defi Nears $200 Billion, Non-Ethereum Projects Gather Steam
5.9.2021
At the time of writing, the total value locked (TVL) in decentralized finance (defi) is around $176 billion across various blockchains like Ethereum, Binance, Terra, Polygon, Solana, and Avalanche. While Ethereum commands $130 billion of the aggregate total locked, a myriad of other defi-fueled...
Dex Aggregator 1inch Partners With NFT Animated Series ‘Take My Muffin’
5.9.2021
On September 3, the decentralized exchange (dex) aggregation platform 1inch announced the project has partnered with the animated series “Take My Muffin.” The multimedia animated series aims to be co-created by the crypto community and created by a professional animation studio. 1inch...
SEC Allegedly Probes Operators Behind World’s Largest Decentralized Exchange, Uniswap: Report
3.9.2021
According to a recent report, the U.S. Securities and Exchange Commission (SEC) has allegedly started probing the startup that operates the decentralized exchange (dex) Uniswap. The dex platform Uniswap is the largest dex in terms of trade volume with over $10 billion in crypto tokens swapped...
SEC reportedly investigates decentralized exchange Uniswap
3.9.2021
Enforcement attorneys are reportedly looking for information about Uniswap’s marketing and investor services
Pangolin Native DEX Joins Avalanche Rush Program With $2M Allocation
3.9.2021
Pangolin will accompany the newly launched incentive by the Avalanche Association. The decentralized trading network, Pangolin, will be granted $2M as part of their alliance with the “Avalanche Rush” initiative. These profits bestowed on Pangolin will be in the form of AVAX tokens...
Bitpay Implements 1inch Network Support — Wallet Users Can Access Defi, Dex Aggregation
1.9.2021
On August 31, the Atlanta-based cryptocurrency payments services provider Bitpay announced that the Bitpay wallet has integrated the decentralized exchange (dex) aggregator 1inch Network. Bitpay wallet users can utilize 1inch protocol to swap ether or the myriad of ERC20 tokens. The Bitpay Wallet...
Data suggests Uniswap is 36% overvalued and SushiSwap trades at a discount
1.9.2021
An exchange token valuation methodology suggests that SUSHI trades at a 33% discount and that UNI price is 36% overvalued
BitPay wallet integrates 1inch Network DEX aggregator
31.8.2021
Decentralized exchange aggregator 1inch has been integrated into the crypto wallet app BitPay, enabling users to access its rates for their crypto swaps
Jack Dorsey Discusses Square Building a ‘Bitcoin-Native’ Dex Platform, Project Lead Shares Insight
28.8.2021
On Friday, the CEO of Twitter and Square, Jack Dorsey talked about the decentralized exchange Square is constructing called “TBD” or the “TBD BTC DEX.” First mentioned in July, Dorsey tweeted that the company has “determined [TBD’s] direction and he also...
The Newest Generation Of DEX Has Arrived
23.8.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
The ABEY foundation has added XSWAP, a fully-decentralized cryptocurrency exchange, to the ABEYCHAIN 2.0 ecosystem. As the first of many dapps developed for the ABEY ecosystem, XSWAP plays a central role...
Weekly Defi Swaps Tap $17 Billion While Dex Aggregators Now Share 22% of the Trade Volume
19.8.2021
Over the last seven days, decentralized exchange (dex) trade volume has tapped $17 billion across the 21 Ethereum dex platforms. Pancakeswap has seen between $400K to $860K every 24 hours during the last week as well. Meanwhile, dex aggregators are eating away at dex trade volumes, becoming more...
Dex Aggregator 1inch to Utilize Ethereum Scaling Solution Optimism
19.8.2021
On August 17, the decentralized exchange (dex) aggregator 1inch announced the platform will leverage the Layer 2 solution called optimistic rollups provided by the project Optimism. The collaboration with Optimism aims to “substantially increase transaction speeds and lower gas fees for 1inch...
The perfect storm: DeFi hacks will advance the crypto sector moving forward
17.8.2021
There is a silver lining from the DeFi hacks as new tech develops to protect the sector: "DeFi will be much safer in 12 months from now.”