Decred Announces its First Zero-Fees Decentralized Exchange: DCRDEX

As decentralized exchanges grow in popularity, Decred is aiming to provide a more user-friendly version with a safe, cheap, and interoperable option - DCRDEX The post Decred Announces its First Zero-Fees Decentralized Exchange: DCRDEX appeared first on CryptoPotato.

Why Uniswap's First Governance Proposal Failed, Although 98% Were in Favor

The first governance vote for decentralized exchange Uniswap has ended in defeat, although the proposal has attracted 98 percent of supporting votes.

Uniswap’s first governance vote fails ... despite 98% support

Uniswap’s first governance proposal has ended in defeat, with votes in favor falling a whisker short of the required threshold. The first governance vote for decentralized exchange (DEX) Uniswap has ended in failure, despite the proposal attracting overwhelming support of 98% of votes cast.

Flippening: Crypto Decentralized Exchanges Grew More Than Centralized Ones In Q3 2020

Although centralized exchanges continue to attract the majority of the trading volume market share, decentralized exchanges are on the rise with impressive triple-digit growth in Q3.

Redditors are now spam-farming Bricks and Moons

Reddit users have discovered they can farm memes for ERC-20 tokens and earn returns comparable to minimum wages in Sub-Saharan Africa A new form of crypto-agriculture appears to be taking shape, with Reddit’s “community points” tokens facilitating the emergence of spam-farming. Reddit’s community points are given to users based on their activity within a given subreddit, with the feature currently activated for the platform’s cryptocurrency and Fortnite communities as ERC-20 tokens dubbed Moons and Bricks respectively. With the xDai-based decentralized exchange (DEX) Honeyswap recently launching pairings for wrapped versions of the tokens, Reddit users can now farm memes for profit. Reddit’s community points are distributed monthly based on user activity.

Bancor updates DEX to try a new approach against impermanent loss

There ain't no such thing as a free lunch, however. Bancor is updating its protocol once more to defeat the insidious issue of impermanent loss, which it earlier called “DeFi’s dirty little secret.” Impermanent loss, also called divergence loss, affects exchanges based on automated market makers like Bancor or Uniswap.

UniSwap (UNI) Risks Falling Another 10% over Centralization Worries

UniSwap’s native cryptocurrency, UNI, is at risk of continuing its downtrend by another 10 percent as the decentralized exchange undergoes its first governance vote.

Centralized Exchange Operators Believe Low Liquidity on DEX Platforms Stops User Migration

Centralized cryptocurrency exchanges (CEX) operators say they are unfazed by the increasing trading volumes on decentralized exchanges (DEX) because the latter’s liquidity is still too insignificant to cause user mass migration.

Chinese DeFi project DODO raises $5 million from top VCs

DODO, a decentralized exchange, is developing a new market-making algorithm called “Proactive Market Making” and claims to have $110 million in total locked value.

Decentralized Exchange on Ethereum Is Not Sustainable - FTX CEO

Despite this summer’s success for Ethereum (ETH)-based decentralized exchanges (DEXes) like Uniswap and its fork SushiSwap, the SushiSwap saviour and CEO of centralized crypto derivatives exchange FTX, Sam Bankman-Fried, argued that Ethereum – as it is now – is not the best place to host an exchange. Speaking at the LA Blockchain Summit yesterday, he said that

DEX Volumes Are 'Bullshit,' Says SushiSwap Savior Bankman-Fried

Sam Bankman-Fried, CEO of decentralized exchange FTX and savior of Uniswap rival SushiSwap, thinks that volumes on decentralized exchanges will wash away.

DEX CoFIX raises $500k from Huobi, Dragonfly, Coinbase ventures

The community-led decentralized exchange, CoFiX, raised $500k in funding from investors like Huobi DeFi Labs, Dragonfly Capital, and Coinbase Ventures, among other DeFi angels, according to a release The post DEX CoFIX raises $500k from Huobi, Dragonfly, Coinbase ventures appeared first on AMBCrypto.

Regulation is coming to DeFi, but can it be enforced?

Is regulation plausible in a completely decentralized environment? Blockchain analytics company Coinfirm recently unveiled a new anti-money laundering tool for the decentralized finance, or DeFi, niche of the crypto space — a sector facing regulatory crackdown on the horizon, according to Jakub Fijolek, Coinfirm's chief technology officer.  "DeFi might soon have some regulatory issues," Fijolek told Cointelegraph in an interview.

Rep claims his firm was 8 years ahead of its time on DeFi

Timing is crucial. DeFi failed to catch on eight years ago, according to comments from Yoni Assia, founder and CEO of financial platform eToro. "I think that DeFi is super interesting," Assia said on Oct.

MetaMask Gets Into the Decentralized Exchange Aggregation Business With Token Swaps

MetaMask announced a new feature Tuesday: token swaps directly within the popular Ethereum browser extension and mobile application.

Uniswap Monthly Volume Surpasses Coinbase Under the Influence of the DeFi Craze

Under the influence of the decentralized finance (DeFi) craze, decentralized exchange Uniswap has processed $15.3 billion in monthly volume in September.

Binance CEO 'CZ' Zhao: DeFi won’t flip traditional finance any time soon

But Binance is still doubling down on DeFi as a way to migrate to a fully decentralized exchange.

DeFi craze propels Uniswap monthly volume to $15.3B, surpassing Coinbase

Uniswap processed $15.3 billion in monthly volume in September, outpacing Coinbase and signalling that DeFi is here to stay. Data from Dune Analytics shows that in the month of September Uniswap decentralized exchange processed $15.371 billion in volume.

Venezuela’s State-Run ‘Defi’ Crypto Exchange Goes Live After Maduro’s Anti-Blockade Speech

Decentralized finance (defi) is allegedly coming to Venezuela after a recent decree from Venezuelan President, Nicolás Maduro and the United Socialist Party of Venezuela.

Decentralized Exchange Volume Rose 103% in September to Record $23.6B Even as Growth Consolidated

Strong trading incentives have “cannibalized volume” from other DEXs, said one analyst.

KuCoin hack unpacked: More crypto possibly stolen than first feared

The KuCoin hack is the first high-profile case of a decentralized exchange being used to launder stolen funds. Cybercriminals have continued to come up with new, innovative attack vectors that a lot of prominent crypto platforms are still falling prey to.

Uniswap Captures $2 Billion Locked, Dex Volume Outpaces Second-Largest Centralized Exchange

The decentralized exchange (dex) built on Ethereum, Uniswap has accumulated a whopping $2 billion in total value locked (TVL) this week.

Market Wrap: Bitcoin Holds at $10.7K; Uniswap Volume Drops

Bitcoin’s price struggles to stick to $10,700 as Uniswap’s decentralized exchange trading volume falls to cap September.

Kadena Looks to Capture DeFi Energy With New Decentralized Exchange

Kadenaswap, the hybrid blockchain protocol's coming DEX, will begin rollout later this year.

Report: Impermanent loss on Uniswap and other AMMs is always permanent

Is it time to find another name for this phenomenon? Alexis Direr, a researcher at the University of Orleans in France, has released a paper summarizing the mathematical underpinnings of Uniswap and other exchanges based on Automated Market Makers. Automated Market Maker is the term for a class of decentralized exchange that reached significant popularity in 2020, spearheaded by Uniswap. In a nutshell, these exchanges do away with traditional order books and instead rely on liquidity pools governed by a mathematical formula.

Soaring decentralized exchange volume suggests the DeFi craze is not over

Data shows decentralized exchange volume skyrocketed in the last 6-months and Uniswap leads the pack. Uniswap, the most widely utilized decentralized exchange on Ethereum, has seen explosive growth throughout the second quarter.

KuCoin Hacker Is Using DeFi Exchange Uniswap to Launder Funds

The hacker moved about $1.1 million in Synthetix tokens to decentralized exchange Uniswap.

Ocean Protocol Forks to Retrieve Tokens Stolen From Kucoin Exchange

On Sunday, Ocean Protocol conducted a hard fork from its old token address to prevent the Kucoin exchange hacker from continued unloading of stolen OCEAN tokens on decentralized exchange Uniswap.

Uniswap Surpasses $2 Billion in Total Value Locked Amid KuCoin Hacker Dumping on the DEX

Decentralized exchange platform Uniswap, recently became the first decentralized finance (DeFi) protocol to surpass $1 billion in total value locked (TVL).

Kucoin Hacker Leverages Uniswap to Dump Vast Number of ERC20 Tokens

Since the recent Kucoin hack, the crypto community has been waiting for the hacker to move funds.

Law Decoded: Transformations in crypto exchanges and traditional institutions, Sept. 18-25

Maybe one day, drawing distinctions between crypto and traditional finance will seem quaint.

Why centralized exchanges will lead crypto to the future

Will centralized exchanges continue to provide the regulated environments required for digital assets to evolve into the mainstream, or will the future belong to DEXs? Decentralized exchanges are undoubtedly an exciting development in crypto.

How Are Uniswap’s UNI Governance Tokens Taxed?

Uniswap the popular decentralized exchange recently awarded members its UNI tokens.

UNI Shows Signs of Rebound After Crashing 57%; What’s Ahead?

UNI logged a strong reversal in the running week after crashing by 57 percent in just four days of trading earlier this month.

Are UNI Tokens Subject to Securities Enforcement Action by the SEC?

Philip Liu is the Co-Founder and Chief Legal Officer of Arca, a blockchain- and crypto-focused investment advisor in Los Angeles. Uniswap overview Uniswap is the largest decentralized exchange (DEX) by trading volume and is the first DEX to really compete on a daily volume basis against some of the larger digital asset exchanges.

DEX Token UNI Trims Gains by Half in Brutal Sell-Off; Rebound Ahead?

UNI logged a rollercoaster opening session last week after rising by almost 2800 percent in just less than 24 hours.

CoinEx Lists ONES Token First and Launches Initial Trade Offering with OneSwap’s Official Launch

OneSwap is a groundbreaking new DeFi project offering a decentralized exchange protocol on a smart contract, with permission-free token listing and automated market making.

Bitfinex Lists UNI as DeFi Token Price Doubles in Two Days

UNI is the governance token for decentralized exchange Uniswap.

Uniswap Trading Volume Trails Only Bitcoin, Ethereum, Tether

Just two days after decentralized exchange Uniswap launched its governance token, the UNI is doing twice the daily trading volume of Bitcoin Cash.

Ethereum Locked in Uniswap Soars to $1.6 Billion After UNI Launch

Uniswap, the largest decentralized exchange by volume, has seen locked value double in 48 hours after launching decentralized governance

SaTT Smart Advertising Token Announces Listing on Leading Crypto Exchanges, KuCoin and Uniswap

Singapore, 18th September, 2020 – Smart advertising marketplace SaTT is proud to announce the listing of its namesake token SATT on leading digital assets trading platforms – KuCoin, a centralized exchange (CEX) and Uniswap, a decentralized exchange (DEX).

First Mover: Uniswap’s Sudden $5B Token Valuation Cements Comeback from ‘Vampire Mining’ Attack

Uniswap's surprise token delivery has given the decentralized exchange a market value of more than $5 billion, instantly making it No.

OKEx goes all in on Uniswap's new token amid soaring DeFi fees

They're the first exchange to offer such a robust set of trading tools for the day-old asset. Crypto exchange OKEx added Uniswap's new UNI token to the array of assets offered on its platform, in addition to trading products around the asset.  "Not only has OKEx added support for spot trading of UNI, but it is also providing its users with the most comprehensive range of trading products for this hot DeFi token, including margin, swap trading, coin-margined perpetual swap and Savings, making OKEx the first exchange to offer UNI derivatives," OKEx detailed in a  Sept.

SushiSwap Receives 130,000 UNI Tokens from Uniswap, Crypto Community Outraged

Decentralized exchange platform Uniswap just launched its own governance token UNI today, and 130,000 UNI tokens were gifted to its hard fork SushiSwap.

Ethereum Fees Spike as Uniswap Launches Token

Today, the Ethereum (ETH) network got busier than usual as thousands of the Uniswap decentralized exchange users rushed to claim their share the DeFi protocol’s new governance token UNI.

Uniswap DEX Launches UNI Governance Token

Uniswap, the decentralized exchange platform, and the on-chain market maker has launched its own governance token called Uni.

DeFi Protocol Uniswap Introduces UNI Governance Token

With the UNI, the decentralized exchange protocol can reward users for providing liquidity while getting in on the governance token trend.

SwapX DEX Rewards Users for Supporting DeFi

SwapX, a new decentralized exchange, advertises extra DeFi rewards to liquidity providers on existing exchanges like Uniswap and Balancer.

SLP Trading Platform Cryptophyl Plans to Change Into a Noncustodial Defi Exchange

The UK-based Simple Ledger Protocol (SLP) exchange Cryptophyl is closing its doors in order to restructure into a decentralized finance (defi) platform.

Uniswap DeFi Trader Tells a Story Of Exploiting A Bug and Making USD 270k

An alleged trader on the Uniswap decentralized exchange claims she/he made close to USD 270,000 in profits after exploiting a bug with the rebase functionality of the recently listed token Soft Yearn (SYFI). The claim was made through an anonymous Twitter account called Amplify on Monday this week, with the person claiming that she/he is “the person who sold SYFI on

As SushiSwap Drains Liquidity From Uniswap, Aave Leads In DeFi

Following SushiSwap (SUSHI)'s completed migration from the major decentralized exchange Uniswap to its own decentralized exchange, taking hundreds of millions of dollars in liquidity with it, Uniswap fell from the throne of dominance, with crypto lending protocol Aave (LEND) sitting in its place - at least for now. DeFi Pulse shows total value locked (TVL) to be USD

SushiSwap has officially migrated away from Uniswap after a week of ups and downs

SushiSwap's wild ride continues as the platform officially becomes the largest DEX by liquidity. SushiSwap, one of the latest decentralized finance, or DeFi, projects to overtake the Blockchain space, has turned a major page in its short life span.

SushiSwap Set to Drain Nearly $1 Billion From Rival Uniswap

Sushiswap, a clone of decentralized exchange Uniswap, has begun migrating tokens out of the industry leading DEX into its own liquidity pools.

The rise of DEXs: Fueled by DeFi and ready to disrupt the status quo

With Uniswap surpassing Coinbase, are decentralized exchanges taking over, or is it just a fad? Uniswap recently surpassed Coinbase Pro in trading volume, overtaking one of the most popular centralized exchanges in the space after reaching around half a billion dollars in daily volume.  Although Coinbase Pro is by no means the largest exchange out there, it seems that the decentralized sector is catching up to traditional crypto trading platforms. Uniswap is a decentralized exchange and automated liquidity protocol where users can buy and sell ERC-20 tokens and supply liquidity in order to earn exchange fees.

A new decentralized exchange lets users trade commodity and crypto derivatives

Ever wanted to yield farm gold, silver or oil? Fetch.ai is launching Mettalex, a decentralized exchange that allows its users to trade commodity and crypto derivatives.

Blockstream’s Liquid pushes for DeFi with new decentralized exchange

Bitcoin DeFi is coming, but it’s not really on Bitcoin. A decentralized exchange built on the Liquid network is opening for early access on Monday. Called TDEX, the project has announced its entry into an Open Alpha stage.

Sushiswap Founder Transferred Control of the Project to FTX's CEO, What's Behind This Event?

Chef Nomi, the founder of decentralized exchange SushiSwap, has tranferred the SushiSwap control to FTX CEO.

How to Leverage Uniswap – Ethereum’s Noncustodial Defi Trading Platform

In 2020 decentralized exchanges (dex) have grown quite mature compared to just a few years ago.

Powering DeFi market: Overview of the top 5 DEXs by total trade volume

As trading volumes across many top DEXs continue to soar, 2020 is shaping to be the year of DeFi tech. One of the most groundbreaking advancements to come out from within the realm of blockchain technology is the concept of a decentralized exchange.

SushiSwap GM says "Talk doesn't mean anything and code shows everything"

Skepticism is always wise in the Blockchain space, even if a project turns out to be on the level. SushiSwap, a fork of the popular Uniswap exchange and one of the latest breakouts of the DeFi craze, has undergone its fair share of scrutiny in recent days — and fairly so. The platform's token, known as Sushi, quickly came to represent 77% of the action on Uniswap as of Sept.

Jump Trading Invests in Decentralized Exchange Serum, Signs On as Market Maker

Secretive market maker Jump Trading has made an undisclosed investment into decentralized exchange Serum, which only launched last week.

Yield farming frenzy pushes Uniswap daily volume over $1 billion

Uniswap has become the first decentralized exchange to tag ten-figure volumes amid a yield farming frenzy and vampire attacks A dramatic spike in yield farming activity associated with SushiSwap and similar protocols has seen Uniswap become the first decentralized exchange (DEX) to exceed $1 billion in 24-hour trade volume. According to crypto data aggregator CoinGecko, Uniswap V2 is currently the third-largest exchange by normalized trade volume with $1.02 billion worth of ERC-20 tokens changing hands over the past day. CoinGecko ranks Uniswap below only Binance and OKEx, who represent $6.25 billion and $1.10 billion in daily trade respectively.

OpenDEX Wants to Bring DeFi-style Returns to Bitcoin

Bitcoin can now be provided as liquidity without leaving its native blockchain, thanks to a new decentralized exchange, OpenDEX.

SushiSwap's founder emphasizes that the $27M they hold is for devshare

There are two sides to every story. SushiSwap, an upcoming DeFi protocol forked from Uniswap's decentralized exchange, has grabbed numerous headlines in recent days.

F1 Delta Time’s REVV token to launch on Uniswap this week

Animoca Brands’ REVV utility token is launching for trade on Uniswap ahead of two upcoming blockchain-powered motorsports games. Blockchain gaming firm Animoca Brands will launch its new REVV token on the popular decentralized exchange Uniswap. REVV will begin trading for Ethereum (ETH) on Uniswap from September 4 at 12 pm UTC.

Loopring Taps Chainlink Competitor for Price Data

Decentralized exchange Loopring will employ oracles from Chainlink competitor Band Protocol to provide price data for the exchange.

DeFi Flippening Comes to Exchanges as Uniswap Topples Coinbase in Trading Volume

Trading volumes are surging on Uniswap and other so-called decentralized cryptocurrency exchanges, challenging established venues like Coinbase.

Uniswap founder dismisses copycat that could ‘steal’ 75% of its liquidity

SushiSwap has all but declared war on Uniswap, and Hayden Adams appears to be returning the favor. Uniswap’s founder Hayden Adams is railing against SushiSwap, a five-day-old fork of Uniswap’s decentralized exchange, which has managed to attract over $1.3 billion in value locked over its short lifespan. Like most other liquidity mine launches, participants can stake their assets to earn SUSHI — the project’s token.

Blockchain Bites: Patoshi’s Patterns, Canaan’s Losses, DeFi’s ‘Weird’ Moment

Decentralized exchange volumes climb for a third straight month, Tezos settled a class action and Coinbase added a16z and DoorDash executives to its board.

Decentralized Exchange Volume Rose 160% in August to $11.6B, Setting Third Straight Record

Only two decentralized exchange protocols reported a drop in volume during August.

Defi Platform Uniswap Outpaces Coinbase Pro in Global Trade Volume

The decentralized exchange (dex) Uniswap has seen a massive amount of trade volume during the last seven days.

Market Wrap: Bitcoin Over $11.7K; Uniswap Passes $500M in Daily Volume

Bitcoin’s price jumped to $11,784 while the top decentralized exchange crossed a half-billion dollars in daily trading volume.

Monthly DEX Volume Soars Past $10 Billion

Capping off a mammoth August for DeFi, decentralized exchange volumes finished the month at $10.84 billion and rising. 

DeFi explosion: Uniswap surpasses Coinbase Pro in daily volume

The volume of Uniswap has surpassed the daily volume of Coinbase Pro after the demand for DeFi has exploded. Uniswap, the most widely-used decentralized exchange (DEX) on Ethereum, surpassed Coinbase in daily volume on Aug 30.

Trading Volume on Ethereum-based DEX Uniswap Beats Coinbase Pro

For the first time ever, more money is being traded on decentralized exchange Uniswap than on Coinbase Pro.

Quantstamp Audits IDEX 2.0 Smart Contracts as Launch Nears

Decentralized exchange IDEX wants its latest version to lower gas fees, better scale, and integrate with other platforms.

This DEX is ignoring the ‘test in production’ attitude held by other DeFi companies

IDEX has chosen to take a more traditional approach to security. IDEX, a decentralized exchange, recently underwent a security audit by Quntstamp prior to the release of its 2.0 mainnet.

DEC777 Decentralized Exchange – The Last Resort for the People Who Lost Trust in Centralized Exchange

Why do we have to store our digital assets with hesitation? We’ve lost trust in many scam exchanges such as Wex, BITPoint… Maybe this is the right time to look for an exchange that doesn’t need us to deposit to trade.

Block DX Review: A Trustless Decentralized Exchange Platform

[Featured Content] Exchange platforms are essential components of the crypto world.

Binance Chain Runners Should Be Aware of Mainnet Hard Fork Upgrades

Some new upgrades to keep in mind. The Binance Chain mainnet, a blockchain software system developed by Binance and its community, is scheduled to do a hard fork upgrade around August 28 at 6:00 AM UTC.  According to the company’s post on August 23, the full node runners on the mainnet are expected to switch their software version to v0.8.0 by the hard fork date. The change will have no impact on the BNB token holders and Binance Decentralized exchange users.

Weiss Ratings Says Crypto Newcomer Set for Meteoric Growth in Second Half of 2020

Analysts at Weiss Ratings believe SNX, the native token for the decentralized exchange Synthetix, will triple in value by year’s end.

Fake Tokens Continue to Plague Uniswap

The growing popularity of Uniswap is continuing to attract scammers, with fraudulent coins impersonating token sales for top crypto projects. Fake coins continue to plague decentralized exchange Uniswap, with prominent crypto projects associated with upcoming token sales reporting impersonators trading on the platform. On August 19, upcoming decentralized finance (DeFi) lending protocol Teller Finance tweeted that a fake Teller token and Uniswap pool had been created. “Teller Labs has not made any official announcements on any potential, planned, or upcoming token launches.” The highly anticipated NEAR Protocol token sale also attracted impersonation scams in the lead-up to its commencement last week, tweeting that any NEAR tokens not officially sanctioned: “The only place for official word of NEAR tokens is near.org/tokens.

Chasing The Crypto Trend: Tron Attempts To Jump On DeFi Bandwagon

Tron founder and CEO Justin Sun was spotted on Twitter today, promoting a decentralized exchange for liquidity pooling akin to Uniswap and other DeFi platforms that have been booming recently.

Ethereum DEX trading hits nearly a half billion in 24-hour volume

Decentralized exchange volume on Ethereum is growing rapidly, with more than $420 million swapped in a single day, and $13.5 billion for the year so far.

Google Ads is Failing to Protect People From Crypto Scams

How does such a seemingly omnipotent company fail to do something so basic? Users of the Uniswap decentralized exchange could be at risk thanks to a new Google ad. "URGENT WARNING FOR ANYONE USING UNISWAP," crypto influencer and YouTuber, BitBoy, said in an Aug.

What is Uniswap In Simple Words?

Uniswap guide to explain what is it and how it works.

A New DeFi Exchange Says It Has Solved An Industry-Wide Problem

This exchange aggregator thinks it can do better than the exchanges it aggregates. Decentralized exchange aggregator 1inch.exchange has launched its own DEX.

Uniswap Raises $11 Million as DEX Trading Volume Soars

Decentralized exchange Uniswap raises $11 million in a Series A funding round led by Andreessen Horowitz to develop its V3 trading platform. The post Uniswap Raises $11 Million as DEX Trading Volume Soars appeared first on CryptoPotato.

DeFi lender Aave issues its first ‘credit delegation’ loan

Decentralized exchange DiversiFi has received a credit line back by third-party collateral using Aave’s novel credit delegation scheme.

Kyber Network’s KNC Jumps 16.5% in Two Days, Eyeing a 60% Rally

KNC, the native token of Kyber Network – an Ethereum-based decentralized exchange, surged by circa 16.5 percent in just two days.

Decentralized Exchange dYdX Debuts Ether Perpetual Swaps

Perpetual swaps that track the price of ether (are coming to dYdX, the company announced Tuesday.

Decentralized Exchanges Are Building a Life Raft but Need a Bridge

Despite the significant growth of decentralized crypto exchanges, their centralized counterparts still control the majority of industry trade volume. Recently, crypto traders have shown a lot of enthusiasm for decentralized exchanges, or DEXs.

Decentralized Exchange Volumes Rose 174% in July, Topping $4.3B and Setting Second Straight Record

Uniswap reported 41% of July’s decentralized exchange volume.

Decentralized Exchange Bancor Officially Launches Upgraded V2 Platform

After months of work, Bancor V2 finally launches promising to improve the user experience for both traders and liquidity providers. The Bancor project has launched a heavily upgraded version of its decentralized exchange, promising to solve what it calls “DeFi’s dirty little secret.” According to a blog post released on Friday, the contracts have been deployed to mainnet in a beta launch mode.

Uniswap Volume Surges as Traders Praise DEX & DeFi Tandem

After going through a major protocol upgrade in May this year, Version 2 of the popular decentralized exchange (DEX) Uniswap is seeing sharply rising trading volumes, while traders discuss the pros and cons of DEX trading. Following Uniswap’s upgrade to its Version 2, the vast majority of trading now takes place on the upgraded protocol, with a 24-hour trading volume of

Aggregators Now Drive 20% of Ethereum DEX Volume

Messari estimates that 20% of Ethereum-based DEX volume is driven by DeFi aggregators. Crypto market data firm Messari estimates that 20% of all decentralized exchange (DEX) volume on Ethereum is routed via DEX aggregators. In a newsletter, Messari writes that “the 21st century is dominated by aggregators,” adding, “Amazon aggregates consumers and merchants.

Curve’s Daily Volume Increases 50x in Two Months

Decentralized exchange Curve has attracted record volumes after revealing plans for the retroactive distribution of its forthcoming governance token. Decentralized finance (DeFi) liquidity pools continue to surge in popularity, with the Curve Finance decentralized exchange (DEX) consistently hosting more than $60 million in daily volume for the first time this past week, according to Dune Analytics. With daily volume closer to $1 million at the start of June, the explosive hype surrounding yield farming propelled an increase in trade activity of more than 50 times in just two months. Curve daily trade volume: Dune Analytics Curve’s growth has seen the platform emerge as the second-largest decentralized exchange by trade volume, with Dune Analytics estimating that Curve represents 28% of combined weekly DEX volume with $531.1 million. A spike in volume above $148 million on July 25 saw Curve outperform Uniswap to briefly rank as the top decentralized exchange by trade activity. Curve unveils DAO roadmap Last month, Curve revealed plans to restructure into a decentralized autonomous organization (DAO) and issue a governance token.

Polyient Games Launches Avalanche-Based DEX for Collectibles

Polyient Games is launching a decentralized exchange for NFTs hosted on the Avalanche blockchain. Ava Labs, the development team behind the Avalanche blockchain has teamed up with non-fungible token (NFT)-focussed investment firm Polyient Games to launch a decentralized exchange (DEX) for crypto collectibles. Polyient’s NFT exchange will be powered by the Avalanche blockchain and will exist within the firm’s forthcoming Polyient Games Marketplace.

FTX to Launch ‘Scalable’ Decentralized Exchange in Weeks

Building on the Solana blockchain means the new platform's operations are less restricted than those on Ethereum, the firm says.

For Some Reason, Wash Trading Happens on Decentralized Exchanges Too

Wash trading is happening in some instances on Binance DEX and Loopring, showing that decentralized exchanges are not immune to volume inflation. Decentralized exchanges are generally liked for their transparency and lack of custody, reducing the trust requirements in their operators. Many centralized exchanges have been caught in a peculiar type of manipulation used to inflate their trading volumes.