DeFi
dYdX native token surpasses $3 as it becomes top DEX by daily volume
The DYDX token, the native token of the decentralized trading platform dYdX Chain, is trading above $3 for the first...
CFTC says DeFi poses ‘serious risks’ due to lack of accountability
A new report released by the CFTC’s Digital Assets and Blockchain Technology Subcommittee has released a comprehensive report — “Decentralized...
Arbitrum DEXs daily transaction volume eclipse Ethereum, Solana
Decentralized exchanges (DEX) transaction volume on Arbitrum, a layer2 network, surpassed that of Ethereum for the first time during the...
Osmosis hits $1 billion in monthly volume as interest in Cosmos surges
Cosmos-based DEX Osmosis hit $1.121 billion in monthly volume during December 2023, based on DefiLlama data.The DEX’s native token OSMO...
PancakeSwap community passes proposal to reduce token supply by 300M
In a landmark decision, decentralized exchange (DEX) PancakeSwap has successfully passed a proposal to reduce the total supply of its...
PancakeSwap’s CAKE token jumps 10% as proposal gains traction to practically half the max token supply
PancakeSwap’s native CAKE token price surged nearly 10% today, according to CryptoSlate’s data, following the decentralized exchange (DEX) proposal to...
KyberSwap cuts staff by 50% after $54M exploit
KyberSwap, a leading decentralized exchange (DEX) aggregator, announced a 50% reduction in its workforce following a $54 million exploit earlier...
Unifying the blockchain babel with universal connector
In the decentralized finance (DeFi) space, each blockchain or protocol can be compared to a unique stall in a bustling...
Understanding the risk of yield farming
Yield farming, a concept born out of the decentralized finance (DeFi) ecosystem, has recently gained popularity. Simply, it refers to...
Hex Trust integrates MetaMask Institutional for enhanced DeFi access and security
Hex Trust, an institutional-grade digital asset custodian, integrated the institutional arm of the popular Ethereum wallet MetaMask, MetaMask Institutional (MMI),...
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