The latest in decentralized exchange innovation, liquidity trends, and on-chain trading data.
According to on-chain data compiled by Cluster the majority of web3 projects saw a decline in YoY user growth. Yet - web3 gaming records better user retention than the average web2 games
Cross-chain swaps can now be routed through USDC and transferred via CCTP to a new chain without the need for a traditional web3 bridge
Under the proposal, the hacker will return up to $67 million and keep the remaining $47 million as a bug bounty.
In the financial system, a perpetual futures contract, also known as a perpetual swap, is a transaction representing an agreement to buy or sell an asset at an unspecified point in the future. It also allows users to trade using margin or leverage (using borrowed funds).
SUSHI spiked 6.6% in the last 24 hours, according to CryptoSlate data. The digital asset has been able to maintain a positive price performance over the last seven days, rising 24.4%.
GMX token gained wide popularity in early September when its value rose above the $50 mark during a period when the broader market was trading flat.
Elliptic stated that over $3 billion was laundered through decentralized exchanges.
Joint efforts of top security firms have lead to the hacker returning 70% of the $21 million stolen from Transit Swap's smart contract exploit.
Techcrunch reported that Uniswap Labs is being valued at $1B ahead of a proposed new $100M funding round
