decentralized exchanges
Decentralized Exchanges—UniSwap vs SushiSwap Explained
A quick insight into the world of decentralized exchanges and the ongoing war between Uniswap and Sushiswap.
Blockchain.News Presents: State of DeFi Survey
Blockchain.News State of DeFi Survey
Crypto Exchange Trading Volumes Hit a Monthly High of $348 Billion in November
New data by CoinGecko reveals that the monthly trading volumes across crypto exchanges surged to an all-time high of $348 billion in November.
Hedera Mainnet Exploited, Leading to Theft of Liquidity Pool Tokens
Hedera Hashgraph has confirmed a smart contract exploit on its mainnet, resulting in the theft of liquidity pool tokens from decentralized exchanges (DEXs) that use code derived from Uniswap v2 on Ethereum. The suspicious activity was detected when the attacker attempted to move the stolen tokens across the Hashport bridge, leading operators to temporarily pause the bridge. The exact amount of tokens stolen is unknown, and the Hedera team is working on a solution to remove the vulnerability.
Boosting Trade Efficiency: XRPL's fixReducedOffersV1 Upgrade
The XRPL's fixReducedOffersV1 amendment, which has achieved 80% consensus, is in a two-week activation countdown, enhancing DEX functionality and addressing reduced offers in order books.
DWF Ventures Explores Innovations in Perpetual DEXs Landscape
DWF Ventures delves into perpetual DEXs, emphasizing the blend of decentralization and innovation. The discourse spans from perpetuals' inception in 2016 to notable DEX protocols like dYdX and HyperliquidX advancing the ecosystem. The narrative underscores the continuous innovation and the anticipation for future advancements in the perpetual DEX landscape.
Crypto Market Consolidation and Key Trends in Q2 2023
Q2 2023 saw a slight 0.14% increase in the crypto market, with Bitcoin (BTC) and Ethereum (ETH) rising by 6.9% and 6.0% respectively.
DeFi Bubble Burst: SushiSwap and Uniswap Lead the DEX Token Crash, Reaching New Lows
Uniswap's UNI token reached a new low at $2.478 today, dropping by 83.48% from $15 of a record high on Sept. 17, the first day it launched.
CoinMarketCap Crypto Report: Top 20 Exchanges Mark a 36% Drop in Spot Trade Volume from Previous Quarter
In the first half of 2023, the cryptocurrency market has seen significant shifts in exchange activities, according to a comprehensive analysis by CoinMarketCap.
Cross-Chain Crime Hits $7B: North Korean Ties Unveiled
The recent revelation by Elliptic highlights a troubling surge in cross-chain crime, now amounting to $7 billion, with North Korean affiliated Lazarus Group playing a significant role. These findings from the 2023 edition of 'The State of Cross-chain Crime' report, outstrip previous forecasts, underscoring an urgent call for bolstered security measures and refined blockchain analytics to confront the escalating menace.
Solidus Labs Reports $2 Billion in Wash Trades on Decentralized Exchanges
Solidus Labs has revealed that at least $2 billion worth of cryptocurrency has been wash-traded on Ethereum-based decentralized exchanges (DEXs) since 2020. The study analyzed 30,000 DEX liquidity pools, finding 67% were tainted by wash traders. Solidus Labs has developed tools to identify and counteract market manipulation, including Token Sniffer and DEX-based A-A Wash Trading Detection. The partnership aims to ensure safe crypto trading across both centralized and DeFi markets.
DeFi Growth Could be Hindered if US Regulators Go After Decentralized Exchanges
Recently many DeFi tokens have plunged drastically in the past few weeks, with Uniswap’s UNI token and Yearn.finance (YFI) plunging over 38 percent.
DeFi Keeps Surging with Decentralized Finance’s Total Locked in Value at over $9 Billion
DeFi's value keeps surging with Decentralized Finance’s locked in value now at over $9 Billion
What is DeFi: The Ultimate Guide to Decentralized Finance Technology
The concept of decentralized finance (DeFi) has become so potent that it is difficult to separate the prospect of blockchain and crypto from the success or failure of DeFi as the ideal alternative to traditional financial systems. Owing to the importance of innovations classified as DeFi to the crypto economy, here are four fundamentals of DeFi.
Sparkswap Decentralized Exchange Shuts Down Citing Low User Volume
The decentralized exchange, Sparkswap which is backed by Pantera Capital has made an announcement that it is going to shut down permanently. The announcement came from the editor of Sparkswap exchange, Trey Griffith who attributed the shutting down of exchange to the low and weak user base of the exchange.
Why Crypto Exchanges Must Reinvent Themselves to Stay Relevant or Else Face Extinction
As the industry matures, crypto exchanges must face up to higher responsibilities. Crypto market is becoming to mirror that of traditional markets. Cryptocurrency exchanges, therefore, must reinvent themselves to maintain their relevance.
Ethereum Whales' on Exchanges Continue to Shrink, Addresses with at Least 0.01 ETH Coins Hit ATH
Ethereum whales’ holdings on crypto exchanges are diminishing, suggesting that they are being moved to cold wallets.
It is not just Liquidity, Huobi on Two Fair Metrics to Rank Crypto Exchanges
Ciara Sun, Head of Global Business Development & Partnerships at Huobi Group, has a wealth of experience in financial analysis, strategic consulting and corporate management from her previous roles with prestigious enterprises such as Boston Consulting Group, Deloitte Consulting and Ernst & Young. Sun sat down with Blockchain.News at the Blockshow Asia 2019 to discuss Huobi’s rising profile, China’s decentralized economy and what she considers fair metrics for ranking exchanges.
Ethereum Stored on Crypto Exchanges Sinks to a Two-Year Low, What This Means for ETH
On-chain analytics provider Santiment has shared data showing that Ethereum(ETH) held on crypto exchanges stands at 13.35% of its total circulation supply.
Decentralized Finance (DeFi)
DeFi stands for decentralized finance, which owns the blockchain advantages, thus removes trusted third parties and more. DeFi will have profound impact to traditional financial industries.
Researchers of Japan’s Blockchain-Based Digital Court Face Backlash Due to its Decentralized and Unregulated Nature
Researchers in Japan have been looking into a blockchain-based mechanism to settle legal disputes in a “digital court,” aiming to perform legal actions with a more cost-efficient legal process.
How to Use Uniswap: A Step by Step Guide
Uniswap is one of the most popular decentralized exchanges, where no registration is needed. Here's our detailed guide on how to use it.