Category: DeFi

DEX monthly volume figures reach new high for February

Decentralized exchanges (DEXs) are set to finish February with the highest monthly volume on record, according to data collected by The Block. With several days remaining in the month, February’s monthly volume figure is currently $64.83 billion — just edging out January’s $61.16 billion, as shown in the graph below: Uniswap continues to be the […]

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DeFi protocol revenue has already reached a record monthly high in February

Decentralized finance (DeFi) protocols have already earned over $20 million more this month than in January, making February the biggest month ever for DeFi revenue generation. According to data compiled by The Block, in February, DeFi protocols have generated $171.5 million in DeFi revenue — a 14.4% increase compared with January’s $149.9 million. At the […]

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Nimbus Platform (NBU), the Ultimate DeFi Ecosystem, Gains Listing on Uniswap DEX!

Nimbus platform – a DAO-governed ecosystem that generates over 10 reward streams for users based on the most-wanted financial tools, such as IPO participation – is finally launching on Uniswap on February 24th, 2021 at 12 PM GMT. The move to Uniswap opens up new exciting opportunities for users including arbitrage opportunities and the ability […]

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dYdX’s perpetual contracts are now available to trade via Ethereum scaling solution StarkWare

Decentralized derivatives exchange dYdX announced Wednesday that its perpetual contracts are now available for trading on Ethereum Layer-2 scaling solution StarkWare. The Layer-2 solution is currently available in closed alpha with limited deposits. The full public launch is expected “in a few weeks,” said dYdX. dYdX first partnered with StarkWare last August to bring Ethereum […]

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Alameda leads $40m investment in DeFi prime brokerage Oxygen

Alameda Research, the crypto trading firm, has led a $40m investment in Oxygen, a Switzerland-based DeFi prime brokerage. MultiCoin, Genesis Capital and CMS also participated in the round. Oxygen will launch on Serum, a decentralised ecosystem built on the Solana blockchain. Sam Bankman-Fried, CEO of the derivatives exchange FTX and an adviser to both Serum […]

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Jigstack DAO Acquires Icorating.com Platform to Strengthen Its Token Launch Pad Lemonade

A decentralized finance (defi) protocol announced that it officially acquired an initial coin offering (ICO) listing platform. Jigstack, who bought icorating.com, will migrate all the platform’s assets to its Lemonade’s solution. Jigstack’ Direct Email Database on Icorating.com According to the announcement, the defi protocol, which acts as a decentralized autonomous organization (DAO), bought the website […]

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Launch of staking calculator a significant step for Orion Protocol as mainnet launch approaches

The Orion Protocol is a decentralized finance (DeFi) platform aiming to give users solutions on the most advanced liquidity aggregator ever developed.  Just a month before the mainnet staking platform’s expected launch, the Orion team has announced the release of a much-awaited staking calculator. The new tool allows ORN holders to calculate expected rewards hinging […]

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Uniswap: information, guesses, and thoughts about v3

Quick Take Uniswap is the most used decentralized exchange, with a 55% market share on trade volume and 10x the number of active users (addresses) compared to its closest competitor Uniswap v3 is expected to bring significant improvements to capital-efficiency and can kick-off a migration to a scalable L2 environment for many Ethereum applications Information […]

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SEC commissioner Hester Peirce calls for ‘legal clarity and the freedom to experiment’ for DeFi

SEC commissioner Hester Peirce said Monday that federal regulators need to “provide both legal clarity and the freedom to experiment so that DeFi can compete with CeFi to offer investors financial services.” Her comments came during a speech entitled “Atomic Trading” at a George Washington University Law School event focused on the digital economy and […]

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