Hayden Adams, Uniswap Labs CEO, equated Bancor's patent infringement lawsuit to the "dumbest thing" he has ever seen.
The new system will let solvers work together to offer traders the best swaps.
Liquidity in crypto markets continues to lag behind traditional finance due to fragmentation, technical design differences, and exposure to external shocks, according to a new report from S&P Global. The study analyzed key liquidity metrics, volume, bid-ask spreads, market depth, and slippage, across centralized and decentralized trading venues for Bitcoin (BTC), Ethereum (ETH), and major […]
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Solana (SOL) has emerged as the fastest-growing Layer 1 blockchain of 2025, surpassing Ethereum (ETH) in developer growth and gaining ground across DeFi, payments, and AI, according to 21Shares’ latest State of Crypto report. In the first two months of the year alone, Solana processed $364 billion in volume, more than Ethereum and Coinbase, and […]
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Decentralized trading platform Hyperliquid has hit a new high, crossing $6 billion in open interest, according to figures from CoinGlass. The surge came just a day after Hyperliquid reported that open interest volume on its platform reached an all-time high of $5.6 billion. According to CoinGlass data, Bitcoin holds the dominant position on Hyperliquid with […]
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PumpSwap, the DEX launched by Solana-based memecoin factory Pump.fun, has hit $100 million in total value locked (TVL), marking a new milestone just 50 days after its debut. The record comes amid a broader resurgence in memecoin trading, defying recent predictions of the sector’s collapse after its meteoric growth fizzled out earlier this year. Volume […]
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The firm will be awarding a 10% bounty to white hat hackers involved in the resolution of the exploit.
KiloEx has suspended operations and is collaborating with partners to trace the stolen funds and blacklist the attacker's wallet.
KiloEx has offered $700,000 as a reward to an exploiter who stole $7 million across Base, BNB Chain and Taiko on Monday — if they return the funds.
The shift in leadership occurred amidst a bearish market sentiment, particularly within the memecoin sector.
CEXs Centralized exchanges are dominated by a few big players, with Binance far outpacing all others in trading volume. With around $17 billion in 24-hour volume recorded on March 25, Binance’s trading volume is an order of magnitude higher than any other exchange. Binance offers roughly 1,868 markets (479 coins) and captures an outsized share […]
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Decentralized trading exchange dYdX has introduced a token buyback program to strengthen network security and enhance the utility of its native token, DYDX. According to a March 24 announcement, the protocol stated that it would allocate 25% of its net monthly fees to buy DYDX tokens from the open market. These tokens will be staked […]
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Token launchpad Pump.fun has announced PumpSwap, a native decentralized exchange (DEX) built on Solana. The launch comes amid a nearly 60% monthly revenue decrease. The new DEX will launch tokens after completing their bonding curve instead of creating a liquidity pool on Raydium. As a result, the new migration system removes the previous 6 SOL […]
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BNB Chain introduced the Pascal Hardfork on March 20, an upgrade designed to boost transaction efficiency and improve its compatibility with the Ethereum Virtual Machine (EVM). This update integrates Ethereum Improvement Proposal (EIP) 7702, enabling advanced functionalities such as gas abstraction, smart contract wallets, and batch transactions. Pascal Hardfork The Pascal Hardfork marks a major […]
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OKX has temporarily suspended its Web3 decentralized exchange (DEX) aggregator following discussions with European regulators. The exchange announced this decision on March 17, stating that the move is part of efforts to enhance security measures and prevent misuse of its platform. Bybit hack connection The suspension comes as European authorities investigate allegations that hackers linked […]
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Hyperliquid reported a $4 million loss in its Liquidity Provider (HLP) vaults within 24 hours. According to a March 12 post on X, the loss followed a major liquidation event involving a high-risk trader. Following the news, Hyperliquid’s HYPE token responded negatively to the event, dropping over 3% in the past 24 hours. The token […]
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A recent ruling from the Second Circuit Court of Appeals in a Uniswap Labs case reaffirms that neutral, decentralized software creators should not be held liable for third-party misuse of that technology. According to an article from the DeFi Education Fund, the decision strengthens legal protections for decentralized finance (DeFi) developers and marks a significant […]
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Solana registered $102.4 billion in trading volume in February, leading the market despite a 60% monthly decrease. The shrinking volume relates to the cooling off of the memecoin frenzy following the LIBRA token fiasco. Despite the falling volumes, Solana registered over $100 billion in volume for the fourth consecutive month. It amounted to over $260 […]
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Jupiter Exchange, a leading decentralized trading aggregator on Solana, announced plans to allocate 50% of its protocol fees toward repurchasing and locking JUP tokens for three years, starting Feb. 17. The initiative, which aims to reduce circulating supply and increase long-term stability, is part of Jupiter’s broader strategy to enhance platform sustainability and drive deeper […]
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CoinDesk caught up with CoinGecko’s Bobby Ong to talk about all the good things — but mostly the bad things — about crypto’s centralized exchanges.
Crypto analyst Trader Tardigrade has drawn the community’s attention to a bullish pattern that has formed for Solana. Based on this pattern, the analyst predicted that SOL could witness a parabolic rally to a new all-time high (ATH) and provided a target that the crypto could reach. Solana Could Rally To $565 As Ascending Triangle Forms In an X post, Trader Tardigrade predicted that Solana could rally to $565 following the formation of an ascending triangle. He noted that SOL has been forming ascending triangles before each recent breakout. The analyst added that Solana reaches its target at Fibonacci 2.618 after each breakout. Related Reading: Solana Price Will Complete 1,800% Surge To $4,000 With This Formation: Analyst In line with this, Trader Tardigrade predicts that Solana can reach $565 once this ascending triangle completely forms. The analyst revealed that the current ascending triangle is more than halfway complete, indicating this parabolic rally could soon happen. His accompanying chart also showed that SOL could reach this price target as early as April. Asset manager VanEck also recently provided a bullish outlook for Solana, predicting it can reach $500 by year-end 2025. The asset manager’s analysts explained that this projection is supported by Solana’s developer dominance, increasing market share in decentralized exchange (DEX) volumes, revenues, and active users. Meanwhile, crypto analyst Ali Martinez suggested that Solana couldn’t rally to as high as $500 but predicted it could reach at least $350. However, he warned that SOL needs to hold above the support level at $198. In a more recent X post, he also raised the possibility of Solana reaching $380. The analyst stated that Solana is testing a key support level at the lower boundary of the parallel channel he highlighted on the charts. According to him, holding above this support level could strengthen the uptrend, fueling a rally to $387. SOL Needs To Reclaim The $220 Level In an X post, crypto analyst Jelle stated that the first mission for Solana is to reclaim $220. This came has he noted that SOL is holding the key support level so far. The analyst indicated that it would be ideal for SOL to bounce from its current level if its price action is to remain short-term bullish. In line with this, he remarked that the first mission is to reclaim $220. Related Reading: Solana Price At $4,000? Cup And Handle Pattern Shows Why This Is Possible Crypto analyst CryptoElites asserted that Solana is preparing for a massive move. The analyst revealed that the 2021 downtrend has been broken, and SOL is holding above it. Based on this, he outlined $450, $678, and $1,099 as his targets for Solana in this market cycle. The analyst again reaffirmed that the technical outlook is fully positive with big moves ahead. At the time of writing, the Solana price is trading at around $202, down over 1% in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from Tradingview.com
While Circle's USDC led stablecoin growth on Solana, other issuers also expanded their stablecoins to the network recently, one analyst noted.
The HYPE token has risen over 600% since its launch, pushing the total value of the airdrop to $7.5 billion.
The layer-1 chain needs more than a successful perpetuals exchange to justify the HYPE token’s lofty valuation, according to the asset manager.
The layer-1 network clocked nearly $3.8 billion in trading volume in the past 24 hours, according to DefiLlama.
Uniswap hinted that the latest iteration of its DeFi platform will come out this year. It was undergoing testing for the duration of 2024.
DEXs registered new monthly trading volume records in December on spot and derivatives markets, with Solana-based protocols dominating the sector, according to DefiLlama. As of Dec. 30, on-chain spot trading volumes reached $451.5 billion, a 19% increase from November, which held the previous record of monthly trading volume at $379.5 billion. Meanwhile, on-chain derivatives moved […]
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According to data from ASXN, $344 million in HYPE tokens have been staked, representing a total value of over $9 billion as of Dec. 30.
Uniswap remains the largest DEX by trading volume, recording $106 billion over the last 30 days.
The final regulation treats DeFi front-ends as brokers, demanding the disclosure of gross proceeds from sales of digital assets.