The top 100 DeFi tokens showed signs of recovery after last week’s mayhem, and many of the these tokens registered double-digit gains.
This past week, the decentralized finance (DeFi) ecosystem tried gaining some momentum amid the bear market crash.
Fees spiked to a high of $8.36 million for Uniswap on June 15, beating out Ethereum on the same day at $7.99 million, and coincided with an 8.7% pump for UNI.
The largest decentralized exchange is set to upgrade with NFTs as Uniswap announced that the platform will be integrating an NFT marketplace aggregator in fall 2022.
Despite the low enthusiasm for NFTs following the crypto market sell-off, Uniswap sees the sector as another form of value in the growing digital economy.
Decentralized exchange Uniswap to add additional NFT functionality to its platform following the acquisition.
Decentralized exchange Uniswap announced the acquisition of the NFT marketplace aggregator Genie on June 21st.
Despite the current challenging environment and the associated market uncertainties, crypto firms such as Binance, Kraken, and Polygon have joined Uniswap Labs in driving their recruitment strategies.
Uniswap said it is betting on her experience with TradFi translating over to DeFi to further help them evolve their place in Web3.
On Wednesday, Uniswap announced that former New York Stock Exchange president Stacey Cunningham will join the company as an advisor.Cunningham served as the first female president of the New York Stock Exchange after beginning her career as a trader on its floor.
Choise.com, the MetaFi Ecosystem (CeFi /DeFi) based on Crypterium CeFi solutions and the Charism DeFi protocol, has announced the first listing of its CHO token on one of the world’s leading decentralized cryptocurrency exchanges, Uniswap.
As the month of May came to an end yesterday, it bought relief to a lot of investors who had been suffering under the weight of the bears for months now.
The past week in DeFi saw Uniswap breach $1 trillion trading volume, while WEF 2022 saw Terra at the center of most crypto and DeFi discussions.
The decentralized finance (DeFi) ecosystem continues to struggle with the ongoing market volatility and after-effects of the Terra ecosystem collapse.
