decentralized exchange
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Taiko Launches on ZK-EVM Askja: What You Need to Know
On March 23rd, it was reported that Taiko, an Ethereum two-layer network based on zkRollup, has been launched on the ZK-EVM alpha-2 test network \”Askja\”, which is open to all devel
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Proposal to Create an NFT Transaction Aggregator: Maintaining 1inch’s Competitiveness in DeFi Aggregation
On March 22, according to official news, DEX aggregator 1inch initiated a vote on the proposal to create an NFT transaction aggregator. The proposal states that in order to maintai
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Multi Chain Decentralized Exchange Dfyn Launches Version 2: A Breakthrough in Security and Trading Functionality
According to reports, developers have stated that Multi Chain Decentralized Exchange (DEX) Dfyn has released version 2, which enhances security, trading functionality, and order ma
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Gridex Launches the Third Round of GDX Airdrop: Everything You Need to Know
According to official Twitter, Gridex announced that it would launch the third round of GDX air drop on March 24th at 0:00 (UTC), targeting all users of ARB/ETH trading pairs (0.05
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Avalanche Eco DEX Trader Joe Announces Completion of the Second Phase of Liquidity Book Rewards Event
On March 20th, Avalanche Eco DEX Trader Joe posted an article on social media stating that the second phase of the Liquidity Book Rewards event has ended, and a total of 67 market
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Silicon Valley Bank Collapse Leads to Shift Towards Decentralized Exchange
It is reported that the collapse of Silicon Valley Bank (SVB) has led to a significant flow of funds from the Centralized Exchange (CEX) to the Decentralized Exchange (DEX). Chainalysis, a blockchain analysis company, explained in a blog post on March 16th that when markets are volatile, capital outflows from centralized exchanges typically surge, as users may worry that they will not be able to use their funds in the event of an exchange failure. Chainalysis: After the collapse of the Silicon Valley bank, crypto users turned to DEX, and the purchase volume of USDCs on DEX surged Analysis based on this information:The collapse of Silicon Valley Bank (SVB) has triggered a significant shift in the movement of funds from centralized exchanges (CEX) to decentralized exchanges (DEX), according to a blog post released on March 16th by Chainalysis, a blockchain analysis company. As the markets continue to remain volatile, the capital outflows from centralized exchanges have surged, and users have…
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Decentralized Exchange Trading Volume Sets New Record
According to reports, Defi Llama data shows that on March 11th, with the anchor of the USDC, the single day trading volume of the Decentralized Exchange (DEX) hit a high of about $25 billion. Previously, DEX’s single day trading peak ($24.3 billion) occurred in May 2021, when the BTC price was approximately $65000 and the ETH price was approximately $4400. DEX trading volume hit a high of about $25 billion on the day of USDC’s anchor release Analysis based on this information:Keyword: Defi Llama, USDC, Decentralized Exchange The latest market report reveals that the daily trading volume of Decentralized Exchanges (DEXs) across the board hit $25 billion on March 11th. Defi Llama data indicates that the uptick was anchored by the stablecoin USDC. This milestone marked a significant increase in DEX trading volume compared to the previous peak of $24.3 billion, set in May 2021 at a time when Bitcoin and Ethereum prices soared to extraordinary heights of $65,000 and…
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Alex Raises $2.5M Strategic Funding to Expand Decentralized Finance Ecosystem
It is reported that Alex, the decentralized exchange of Bitcoin, completed a strategic round of financing of US $2.5 million, with the participation of Trust Machines and Gossamer Capital. In addition to decentralized exchanges, Alex also provides pledge, income agriculture and start-up board services. The funds raised this time will be used to continue to establish decentralized finance in the Bitcoin ecosystem and expand user communities. Alex, the Bitcoin Decentralized Exchange, completed the financing of US $2.5 million Analysis based on this information:Alex, the decentralized exchange of Bitcoin, announced that it recently secured a strategic funding round of US $2.5 million, with participation from Trust Machines and Gossamer Capital. The funds will be used to continue to establish decentralized finance (DeFi) in the Bitcoin ecosystem and expand user communities. Alex, founded in 2019, provides several DeFi services, including decentralized exchanges, pledge, income agriculture, and start-up board services. Through its platform, users can securely trade and invest in cryptocurrencies without the…
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Maverick Protocol launches its Decentralized Exchange to challenge UniSwap
On March 9, according to the official announcement, the DeFi platform Maverick Protocol launched its Decentralized Exchange (DEX) Maverick 1.0 on Ethereum. Thi…
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Mauve secures $15M in financing for decentralized exchange
It is reported that Mauve, the decentralized exchange, completed a financing of US $15 million, with Brevan Howard, Coinbase Ventures, BlueYard Capital, Balder…
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Mixed signals from the cryptosphere as ConsenSys gains momentum, while El Salvador and ShibaSwap raise concerns amidst upcoming interest rate hike
21:00-7:00 Key words: interest rate increase in March, ConsenSys, El Salvador, ShibaSwap
Overview of important developments overnight on March 6
I…
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Osmosis Launches ProtoRev in V15 Upgrade
It is reported that the Cosmos-based decentralized exchange Osmosis will launch the protocol revenue module ProtoRev in the V15 upgrade. This module is jointly…
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ShibaSwap – The Only Official Decentralized Exchange in Shibarium
On March 5, Shetoshi Kusama, the chief developer of Shiba Inu, revealed in his new Twitter profile update that ShibaSwap is the only official decentralized exc…
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The Dominance of Centralized Exchanges Over Decentralized Ones
It is reported that many market observers predict that the use of decentralized exchanges will increase sharply after the collapse of FTX last year, but analys…
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Mangrove Secures $7.4 Million in Round A Financing
It is reported that Mangrove, a decentralized exchange, has completed a round A financing of US $7.4 million led by Cumberland and Greenfield Capital. CMT and …
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BlueMove Announces the Launch of a Decentralized Exchange on Sui Devnet
According to reports, BlueMove in the NFT market tweeted that it would launch a decentralized exchange on Sui Devnet, which could trade SUI, ETH and other toke…
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Uniswap May Be Entering the Wallet Space
According to reports, Uniswap, a decentralized exchange, said on Twitter: \”If you are building a wallet, what necessary functions will you include?\” Netizens s…
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Decentralized exchange aggregator Dexible hit by $2 million hack attack
It is reported that Dexible, the aggregator of the decentralized exchange, was attacked by US $2 million earlier on Friday. Dexible tweeted that hackers took a…
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GRAIL Token and Camelot Decentralized Exchange Experience an Impressive Surge
According to the report, according to the data of CoinGecko, since February 1, the price of the original token GRAIL of the Cambelot of the Arbitrum Ecological…