decentralized-exchange

Coindesk

Cryptocurrency

Protocol Village: Optimism-Based DEX Velodrome Deploys to Bitcoin L2 BOB

Velodrome integrates with Bitcoin layer-2 network BOB for enhanced functionalities and DeFi access.

Vana enables Reddit Data DAO on its decentralized network, showcasing user-owned data governance.

Drife migrates to Sui blockchain for improved commission structure and cost efficiency, leveraging the platform's benefits. [ more ]

Coindesk

Cryptocurrency

San Francisco-based fintech provider, Portal, raised $34 million to support the development of its bitcoin-based decentralized exchange (DEX).

Portal aims to offer a decentralized infrastructure for peer-to-peer swapping of bitcoin across different blockchains without intermediaries.

The funding round highlights the growing interest in the use of bitcoin in the decentralized finance (DeFi) world. [ more ]

Silicon Valley Journals

Silicon Valley

Bitflow Labs raises $1.3 million in pre-seed funding

Bitflow Labs aims to solve liquidity challenges in the Bitcoin ecosystem [ more ]

Coindesk

Cryptocurrency

dYdX has become the largest decentralized exchange (DEX) by daily trading volume after migrating from Ethereum to Cosmos.

dYdX's v4 market on Cosmos saw $757 million of volume, surpassing Uniswap v3, which had $608 million. [ more ]

Coindesk

Cryptocurrency

Talos, a crypto trading platform, will soon offer trading via decentralized exchange Uniswap to its institutional clients.

This is the first time Talos is sourcing liquidity from a decentralized exchange.

The integration with Uniswap allows Talos's institutional clients to access wide and deep liquidity. [ more ]