The largest decentralized exchange on Cardano, Minswap, is gearing up to become the first decentralized exchange on the network to enable Bitcoin trading. The transition will depend on the progress of Cardano towards Bitcoin interoperability, which is a long-awaited move that may bring native BTC to decentralized finance. Andrew Throuvalas, the senior content manager at […]
DEX
Hyperliquid Surges As Binance Teases Listing HYPE Token
Binance has sparked speculation of a new token listing as the platform highlighted Hyperliquid’s recent performance. After Binance hinted at a possible integration, the trading volume of HYPE tokens went up 20%. Meanwhile, Hyperliquid’s ecosystem continues to grow as traders look for faster and cheaper options. After Binance mentioned HYPE for the second time in […]
Uniswap Hit with Lawsuit Over DEX Tech: Is Its Core Model at Risk?
Uniswap faces a new legal challenge as the Bprotocol Foundation and LocalCoin file a lawsuit in New York federal court. The case alleges that Uniswap has used patented decentralized exchange (DEX) technology developed by Bancor without authorization. The lawsuit raises questions about intellectual property rights surrounding constant product automated market makers, or CPAMMs. Bprotocol Foundation […]
NEAR Protocol Q1 2025: $3B Cap, Dev Decline & DEX Surge, Full Breakdown
Key Takeaways: The first quarter of 2025 proved challenging for NEAR Protocol, which followed broader market trends into negative territory. Based on the most recent “State of NEAR” report by Messari, the circulating market capitalization of the project was at $3 billion as of the end of Q1, which was down sharply by 47.4% quarter-over-quarter. […]
Solana: Private DEXs Like SolFi and ZeroFi Capture 60% of Jupiter Volume
Key Takeaways Solana’s decentralized finance ecosystem has entered a new phase marked by a sharp pivot from traditional public AMMs to vault-based private execution. According to a detailed breakdown by Pine Analytics, decentralized exchanges like SolFi, Obric v2, and ZeroFi, all of which lack user interfaces, already process as high as 60% of trade volume […]
Uniswap Shatters Records: First DEX to Surpass $3 Trillion in Volume
Uniswap has surpassed $3 trillion in total trading volume to become the first decentralized exchange to set such a record. The achievement reflects the increased dominance of decentralized finance (DeFi) platforms in the crypto market. The increased use of decentralized exchanges (DEX) has contributed to Uniswap’s growth. This surge in volume marks a major development […]
Uniswap Becomes the First DEX to Hit $3 Trillion in Lifetime Trading Volume
Uniswap has made history by becoming the first decentralized exchange (DEX) to cross $3 trillion in total trading volume, making it the first decentralized platform to achieve this. The achievement was first announced by the platform creator, Hayden Adams. He shared the X post on the 12th of May, celebrating the $3 trillion trading mark […]
Jupiter’s $JUP Price Hovers at “Golden Entry” Zone
JUP, the native token of Jupiter exchange, is on the move, as the current price setup represents a “golden entry” point. Technically, the token is testing a key support level, characterized by a rectangular zone around the 0.39 mark. Based on this analysis, the price provides a “high-probability buying opportunity.” This means that at the […]
Sei (SEI) Ecosystem Shaken After $572K Filament DEX Exploit Revealed
Filament, a decentralized exchange (DEX) built on the Sei blockchain, suffered a devastating exploit on April 6, 2025, resulting in the loss of approximately $572,000. The breach occurred between 12:00 AM and 4:00 AM UTC, exploiting self-liquidation mechanisms and large order placements to manipulate prices and extract funds. According to Filament’s official statement, the platform […]
OKX Halts DEX Aggregator Following Lazarus Group Exploits
Crypto exchange OKX has made a drastic move in its continuous fight against cyber attacks, momentarily suspending its decentralized exchange (DEX) aggregator services to avert continued exploitation by the infamous North Korean hacking group, Lazarus Group. On March 17, OKX made an announcement that it had discovered a coordinated attempt by Lazarus Group to exploit […]