Cryptocurrency News
Solana’s decentralized exchanges (DEXs) are making waves, recording unprecedented daily trading volumes. According to DeFiLlama, Solana DEXs surpassed $5 billion in daily trading volume for three consecutive days, marking a historic first. For the week of November 10-16, these platforms achieved a staggering total trading volume of $15.898 billion. According […]
Moonshot (@usemoonshot) has been making waves in the crypto world, generating $498K in revenue over the last 30 days, representing a staggering 1,657% month-over-month growth. With around 4,000 daily distinct users, Moonshot has rapidly gained attention, particularly since its frequent mention in tweets beginning in October. Contrary to some reports, […]
As the Base ecosystem continues to expand, certain applications are making their mark, with AerodromeFi emerging as a clear leader. Currently, it commands 60% of all decentralized exchange (DEX) activity on the network, surpassing Uniswap, which holds 30%. AerodromeFi’s trading volume hit $3 billion weekly, significantly higher than Uniswap’s $1.1 […]
The total market cap of major decentralized exchange (DEX) tokens has settled at $26.6 billion. After a promising rise earlier this year, the market has cooled off, erasing any year-to-date (YTD) gains. DEX Market Cap Overview Leading the pack is Uniswap’s $UNI, which dominates with a massive 74.93% share of […]
While tokens on Tron and Solana struggle to reach a $2-3M market cap, Ethervista DEX is shaking up the Ethereum network with its explosive $VISTA token. In just four days, $VISTA’s market capitalization has surged to nearly $30M, outpacing its competitors. Its daily trading volume has hit an impressive $50M, […]
On August 31, 2024, cumulative daily DEX volume across all chains dropped to $2.58 billion, marking its lowest level since February 4. This significant decline highlights a sharp downturn in on-chain activity, raising concerns about the current state of decentralized exchanges (DEXs). 🚨Report: On August 31, 2024, cumulative daily DEX […]
The $wQUIL token has recently garnered significant attention, ranking among the top five assets accumulated by Smart Money over the past 24 hours. Additionally, Smart Dex Traders have increased their $wQUIL holdings by 3%, with a net decentralized exchange (DEX) volume of over $121,000. iCrypto has identified three prominent wallets […]
The recent SEC lawsuit against cryptocurrency exchanges like Binance and Coinbase, which resulted in a significant number of withdrawals from those platforms (Traders withdrew about $800m out of Binance after lawsuit), may have both short- and long-term effects on the cryptocurrency market. Here are some probable long-term effects for the […]
As the phrase implies, a Decentralized Exchange is a platform that allows its users to trade, swap or undergo any form of transaction without the need for any intermediaries. Decentralized Exchange Tokens are safer to deal with and by nature, have attracted a steady stream of Funds. Currently, it has […]
On July 18, ABBC Foundation launched its decentralized exchange (DEX) ‘DOMINO.’ This DEX aims to be the most secure, transparent, and unique next-generation platform to provide users with the most exceptional experience. New features are coming to the platform shortly after the launch. ABBC Foundation CEO Jason Daniel spoke about […]
Decentralized exchanges are becoming more popular due to inherent benefits over centralized platforms. Due to the number of DEXs on the market, a new type of service has been born called Decentralized Exchange Aggregators. DEX Aggregators are blockchain-based services that provide traders with real-time data regarding the best price to […]
In the cryptocurrency world, there are many different ways to obtain and trade cryptocurrencies. As more time progresses, there is a growing focus on decentralized exchanges and trading platforms. It would appear the following companies are making a meaningful impact in this regard. Despite the growing popularity, users are still […]
Last Updated: May 3rd, 2019 When someone is first introduced to Bitcoin and cryptocurrency, one of the first services they interact with is an exchange. In order to experience the beauty of Bitcoin, you first must acquire it. There are a number of ways of getting your hands on some […]
The crypto industry looked at decentralized exchanges as the long-awaited solution to a very centralized crypto exchanges industry. DEXes, as they are popularly known, give the ultimate control back to the user. They rely on smart contracts to execute the trades, all without having to relinquish your cryptos to an […]
Exchanges have always been an integral part of the cryptocurrency ecosystem. Whether the trading of coins happened on forums, centralized platforms or decentralized exchanges, trading cryptocurrency is one of the first things anybody who is introduced to crypto does. We have seen many models of exchanges and have seen evidence […]
Competition is heating up in the world of decentralized cryptocurrency exchanges. That is a good thing, as this industry needs more players to improve liquidity and provide a more appealing service. The following five projects are not as well-known among the community, yet they all seem to offer individual potential […]
The entire blockchain industry is abuzz with distributed applications. Various networks are competing for traction when it comes to dApps, with EOS slowly making a name for itself as of right now. The following dApps are sorted by their current popularity, although these rankings are bound to shift sooner or later. […]
In the world of cryptocurrency, centralized exchanges are the current backbone of the industry. That situation will come to change at some point, as there is a growing focus on decentralized trading solutions. There are still some misconceptions over what this new breed of exchanges brings to the table. The […]