DEX

DEX

Finance

Crypto Exchange Figure Markets Has a Plan to Democratize Finance

What appears to be another post-FTX trading-and-custody play with institutions in mind, is really all about visionary disruption.

Figure Technologies CEO Mike Cagney (CoinDesk archives)

Markets

Solana Leapfrogs Ethereum on DEX Volume

The meme coin frenzy seems to have catalyzed higher volumes on the Solana blockchain, which also boasts greater capital efficiency than Ethereum.

Top blockchains by DEX volume. (DefiLlama)

Markets

Billion-Dollar Volumes and Then a Steep Drop Prompts Allegations of Wash Trading on Aevo

In response, Aevo says customers suddenly traded more on its decentralized exchange to try to get some of its airdrop.

Aevo volume (DefiLlama)

Tech

PancakeSwap Decentralized Exchange Unveils Version 4 to Make Trading More Efficient

The DEX plans to add four features designed to make trading faster, cheaper and more customized in the third quarter.

Pancakes.(Mae Mu/Unsplash)

Finance

Crypto Trading Platform Avantis Opens Perpetual Swaps DEX on Base Network

Avantis said it saw over $5 billion in trading volume from 50,000 wallets during its two-month testnet run.

Base booth at ETHDenver (Danny Nelson/CoinDesk)

Markets

Jupiter’s JUP Rallies On With Solana Supporters Leading the Charge

One of the most-anticipated airdrops faced social media ire over its novel token distribution plan.

Planet Jupiter and its great red spot

Finance

Fintech Provider Portal Raises $34M Seed Round for Bitcoin-Based Decentralized Exchange

Portal aims to offer a decentralized infrastructure for peer-to-peer swapping of BTC across different blockchains without the need for intermediaries, which heighten the risk of hacks.

16:9 Portal, door, entrance (Tama66/Pixabay)

Tech

Solana Trading Aggregator Jupiter Sees Trading Volumes Jump Ahead of JUP Issuance

The platform settled over $500 million in trades on Sunday, briefly becoming the biggest on-chain trading platform.

Planet Jupiter and its great red spot

Markets

dYdX Tops Uniswap as Largest DEX by Volume

The decentralized exchange, which last year moved over to the Cosmos blockchain, just saw $757 million of volume over a 24-hour period.

Coinmarketcap

Tech

KyberSwap DEX Hacked for $48 Million, Attacker Teases Negotiations

The decentralized exchange had over $80 million in total value locked before the incident.

(Alpha Rad/Unsplash)