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Nalezeno "DeFi": 7714

Dex Trade Volumes Plunge 37% Since May; September Volumes Could Be Even Lower


After capturing $66.5 billion in May, decentralized exchange (dex) trade volumes have fallen for four consecutive months, with August statistics reaching a 2023 low of $41.7 billion. Metrics for the first half of September do not show improvement, with decentralized exchange trade volumes at about...

Optimism to allocate unclaimed funds from initial airdrop


Optimism, an Ethereum layer 2 network, has announced plans to disburse the unused funds that were left over from its initial airdrop. The direct receivers will be to the identified addresses that were left out.  The airdrop that began on the 1st of June,2022, was responsible for disbursing...

Loan backed by ZRX is closer to liquidation


ZRX could drop sharply, and if that happens, then the governance token of the protocol is likely to result in bad debt. This comes to light as the lending market has been frozen since November 2022. Aave v2 reportedly hosts a wallet with $2.5 million in outstanding debt. This is against $8 million...

Coinbase CEO Urges Defi Protocols to Challenge Regulatory Crackdowns in Court


The CEO of the cryptocurrency exchange Coinbase has encouraged decentralized finance (defi) protocols to fight regulators in court if they face regulatory crackdowns. He stressed that the Commodity Futures Trading Commission (CFTC) “should not be creating enforcement actions against decentralized...

Solflare and DLN to improve MetaMask’s Solana experience


Solflare, a leading wallet in Solana, has integrated the DLN infrastructure for high-level cross-chain trading into MetaMask. This was done to improve speed and conventional cross-chain shifting to or from Solana. Currently, MetaMask users can use Solana Snaps to control their Solana holdings...

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