Category: DEX

xSigma DeFi Offers Lucrative Rewards for Liquidity Providers, Whitepaper Released

xSigma DeFi Offers Lucrative Rewards for Liquidity Providers, Whitepaper Released

xSigma is an upcoming stablecoin DEX protocol developed by the first DeFi project backed by a NASDAQ-listed company. In order to attract liquidity providers to supply their stablecoins to the decentralized exchange, the protocol will feature a lucrative rewards system for liquidity mining. The project recently finalized its smart contract and today released its whitepaper […]

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Decentralized exchanges saw second-highest ever monthly volumes during December

Decentralized exchanges saw second-highest ever monthly volumes during December

December closed out 2020 with the second-highest volume to date for decentralized exchanges, or DEXs, according to data compiled by The Block Research. The total volume for decentralized exchanges in December was $23.3 billion — a 36.5% increase from November. Uniswap held the highest percentage at 54.9%, followed by Sushiswap (13.2%) and Curve (10.8%). December […]

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Perpetual Protocol: Liquidity for DeFi Perpetual Swaps

Perpetual Protocol: Liquidity for DeFi Perpetual Swaps

Quick Take Perpetual Protocol is a DeFi project focused on perpetual swaps. In August, the project raised $1.8 million from Multicoin Capital, Three Arrows Capital, CMS Holding, and Alameda Research Perpetual Protocol uses a “virtual AMM” for pricing trades, which allows for the protocol to quickly bootstrap liquidity for new markets Perpetual swaps are the […]

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DEX Platform 1Inch Launches its Utility and Governance Token, Crosses $3 Post Binance Listing

1Inch, an upcoming decentralized exchange aggregator service has released its utility and governance token today that would be represented by a ticker symbol “1INCH.” The newly released token would be used for automated market maker protocol and its decentralized exchange aggregator service. With the launch of the token, the defi aggregator service provider would now […]

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G-Wallet Ushers in New Era With Hybrid Wallet

G-Wallet Ushers in New Era With Hybrid Wallet

PRESS RELEASE. G-Wallet, a decentralized crypto platform and wallet provider has revealed a series of updates on its blockchain ecosystem. The updates focus on the development of its hybrid wallets and other features offered by the blockchain platform. G-Wallet is Building a Sustainable and Decentralized Wallet Ecosystem G-Wallet has been developing a hybrid wallet that […]

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DMEX Opens Public API Access

DMEX Opens Public API Access

Cryptocurrency Indexes Are Set to Launch in 2021 by S&P Dow Jones IndicesS&P Dow Jones Indices has made it official: they will launch cryptocurrency indexes in 2021, becoming the latest major finance company to make its inception into the digital asset industry. More than 550 of the top traded coins to be … read more.Equity […]

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First AMM Layer2 DEX ZKSwap Announces Testnet Incentive Program with 1 Million ZKS Tokens Rewards

First AMM Layer2 DEX ZKSwap Announces Testnet Incentive Program with 1 Million ZKS Tokens Rewards

PRESS RELEASE. ZKSwap developed by L2Lab is the first layer2 dex based on ZK-Rollups technology and using the AMM model. The team has recently closed a $1.7 million Angel Round led by Bixin, followed by Longling Capital, SNZ Holding, FBG Capital, Jubi, and Consensus Lab. After launching on the Ethereum Ropsten test network on November […]

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Decentralized exchanges post $17 billion in volume for November, continue monthly decline from September peak

Decentralized exchanges post $17 billion in volume for November, continue monthly decline from September peak

Decentralized exchanges posted a total of $17.06 billion in trade volume for November, continuing a decline from September’s volume peak of $26.26 billion, according to data collected by The Block Research. As seen in past months, the volume was dominated by Uniswap, though that marketplace’s month-over-month volume fell from $11.2 billion to $9.91 billion, per […]

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