DEX


Finance

Bitcoin price briefly plunges to $0 on lesser-known Paradex exchange

Starknet-based DEX Paradex reversed its blockchain to an earlier block after a database migration error briefly crashed bitcoin’s price to zero.

Reverse gear (CoinDesk Archives)

Marchés

Traders split over whether Lighter’s LIT clears $3 billion FDV after launch

Prediction markets show traders clustering around a $2 billion–$3 billion range, with odds for $4 billion and $6 billion outcomes falling steadily after October's crash.

Lighter, LIT (Rudy and Peter Skitterians/Pixabay, modified by CoinDesk)

Technologies

Solana’s Drift Launches v3, With 10x Faster Trades

With v3, the team says that about 85% of market orders will fill in under half a second, and liquidity will deepen enough to bring slippage on larger trades down to around 0.02%.

Drift (b52_Tresa/Pixabay)

Finance

Coinbase Debuts DEX Trading in Brazil as ‘Everything App’ Vision Grows

The move comes amid new regulations from Brazil's central bank, requiring crypto firms to be licensed and report international transactions.

Coinbase (CoinDesk)

Technologies

Leading Base DEX Aerodrome Merges Into Aero in Major Overhaul

Dromos Labs announced a major overhaul of its decentralized exchange infrastructure with the launch of Aero, a unified trading system that will merge its existing platforms across its networks.

Aerodrome receives $150 million in deposits (Pixabay)

Finance

Ethena-Backed DEX Terminal Finance Reaches $280M in Pre-Launch Deposits

Terminal Finance, a decentralized exchange incubated by Ethena Labs, has attracted $280 million in deposits before launch.

cash pile (Unsplash)

Marchés

On-Chain Crypto Perps Smash Records with $1T Trading Volume

On-chain perpetual-focused decentralized exchanges have surpassed $1 trillion in total trading volume this month.

FastNews (CoinDesk)

Finance

Bunni DEX Shuts Down, Cites Recovery Costs After $8.4M Exploit

The team cannot afford the cost of relaunching the protocol, which would require significant investment in audits and development.

Fluffy bunny (Pablo Martinez/Unsplash)

Technologies

Ethereum-Based Uniswap Adds Solana Support in Win for Tackling DeFi Fragmentation

This could simplify the user experience, removing the need to use complex bridges or switch between different wallets and applications

Stylized Uniwap logo

Finance

Hyperliquid Introduces 'Based Streams,' a DEX-Powered Live Streaming Platform

The livestreaming feature lets creators broadcast trades, accept token donations, and reward viewers via its Hypercore protocol

Liquid (wal_172619/Pixabay, modified by CoinDesk)