Coindesk2 months agoCryptocurrencySolana Leapfrogs Ethereum on DEX VolumeSolana-based DEXs busier than Ethereum in trading volume. Solana capital efficiency surpasses Ethereum according to Reflexivity Research. [ more ]
Coindesk2 months agoCryptocurrencyPancakeSwap Decentralized Exchange Unveils Version 4 to Make Trading More EfficientPancakeSwap v4 to introduce hooks, custom pool types, singleton, and flash accounting for cheaper, efficient trading. New features aim to address pricing model inflexibility, lack of CEX-level functions, impermanent loss, and high gas fees on current AMMs. [ more ]
Coindesk4 months agoBusiness intelligenceSui Teams Up With Oracle Stork to Provide Builders With Fast Pricing DataThe Sui Foundation has partnered with Stork to provide real-time pricing data for traders and builders on the Sui blockchain. Stork's oracle offers index pricing and mark prices, which are important for derivatives trading. [ more ]
Coindesk3 months agoCryptocurrencyFintech Provider Portal Raises $34M Seed Round for Bitcoin-Based Decentralized ExchangeSan 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 ]
Coindesk4 months agoCryptocurrencyFirst Mover Americas: dYdX Beats Uniswap, Bitcoin Outlook DourBitcoin prices could continue to fall despite the success of ETFs dYdX has become the largest DEX by daily trading volume on Cosmos [ more ]