Bu makaleyi paylaş

DBS Says Bitcoin Trading up 80% in 2022 on DDex Exchange

DBS’ crypto exchange, which is not open to retail traders, currently allows for bitcoin, ether, XRP, bitcoin cash, DOT and ADA trading.

Güncellendi 15 Şub 2023 ös 5:21 Yayınlandı 15 Şub 2023 öö 4:03 AI tarafından çevrildi
Piyush Gupta, CEO of DBS Group Holdings (DBS)
Piyush Gupta, CEO of DBS Group Holdings (DBS)

Singapore’s DBS bank said in a release the amount of bitcoin traded on its DDEx exchange was close to 80% higher year on year, while the amount of ether traded on the platform was nearly 65% higher.

The bank wouldn’t release figures related to dollar value trading, but a spokesperson told CoinDesk that the value traded on DDEx in 2022 is flat compared to the year prior because of price volatility.

STORY CONTINUES BELOW
Başka bir hikayeyi kaçırmayın.Bugün Crypto Daybook Americas Bültenine abone olun. Tüm bültenleri gör

Bitcoin dropped by about 65% in 2022, beginning the year at around $46,000 and ending close to $16,500.

DDEx also said it had doubled its customer base in 2022 with close to 1,200 participants registered on the exchange, and pointed to an increase in clients using its digital custody solution.

Last year DBS said it planned to expand DDEx into retail trading by the end of 2022, but canceled those plans in April 2022 citing Singapore's regulatory environment.

In a February 2022 interview with CoinDesk, Lionel Lim, the CEO of DDEx, said the exchange’s full-year trading volume was about $819 million for 2021, a fraction of what institution-focused LMAX Digital or Hong Kong-based institutional exchange OSL would do.

DBS is also considering expanding DDEx into Hong Kong when authorities in the city finalize its new crypto framework.

“At the appropriate time, DBS will apply for the necessary licenses in Hong Kong to avail our digital asset solutions to the market,” Sebastian Paredes, CEO of DBS Bank’s Hong Kong operations, said in a statement.

Recently, DDEx expanded the tokens available for trading on its platform to six by adding and Cardano's ADA.

Sizin için daha fazlası

Protocol Research: GoPlus Security

GP Basic Image

Bilinmesi gerekenler:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Japan’s Higher Rates Puts Bitcoin in the Crosshairs of a Yen Carry Unwind

Aerial view of Tokyo (Jaison Lin/Unsplash, modified by CoinDesk)

A stronger yen typically coincides with de-risking across macro portfolios, and that dynamic could tighten liquidity conditions that recently helped bitcoin rebound from November’s lows.

What to know:

  • The Bank of Japan is expected to raise interest rates to 0.75% at its December meeting, the highest since 1995, affecting global markets including cryptocurrencies.
  • A stronger yen could lead to de-risking in macro portfolios, impacting liquidity conditions that have supported bitcoin's recent recovery.
  • Governor Kazuo Ueda indicated a high probability of a rate hike, with officials prepared for further tightening if their economic outlook supports it.