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Category: Automated Market Maker
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Value Locked in Defi Slips 5% in 24 Hours, AMM and Rebase Tokens Take Double-Digit Losses
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Mono X launches mainnet on Ethereum and Polygon
The platform will offer a suite of four assets on Ethereum, and a further five on Polygon.
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Stacks AMM Revealed, Native Bitcoin Swaps Executed With Proof-of-Transfer Protocol
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SynFutures raises $14M for derivatives DEX supporting ‘anything with a price feed’
Polychain Capital led the derivative DEX’s $14 million Series A round.
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Shapeshift Reveals Platform Supports Unwrapped Swaps via Thorchain With No KYC
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Decentralized Exchanges That Use Automated Market Makers Now Represent 93% of the Market
A recent report by Consensys says the surge in decentralized exchange (DEX) volumes in Q3 of 2020 is down to their adoption of the automated market maker (AMM). According to the report, DEXs that use AMM, a software that algorithmically creates token trading pairs, now represent 93% of the market. The good side of AMMs […]
The post Decentralized Exchanges That Use Automated Market Makers Now Represent 93% of the Market appeared first on Bitcoin News.
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Messari Says Initial Dex Offerings Are ICO 2.0, Urges Investors to Resist Initial Hype
Crypto research firm, Messari says new Defi token offerings or initial dex offerings (IDO) are a reincarnation of initial coin offerings (ICO) and warns average investors to steer clear these. The firm notes that several early participants of IDOs are the ones that typically make off with outsized returns, while others are left deeply in […]
The post Messari Says Initial Dex Offerings Are ICO 2.0, Urges Investors to Resist Initial Hype appeared first on Bitcoin News.
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Defi Boom: Bubble Fears Grow as ‘Toxic’ Community Disagrees on Way Forward
The decentralized finance (defi) space is headed for an implosion unless the divided community leaders step forward with solutions. This is discernible from September 13 Sunday morning tweets by some influential players in the defi space wherein they attack each other. Waves blockchain creator Sasha Ivanov kicked things after depicting current defi ecosystem as Ponzi […]
The post Defi Boom: Bubble Fears Grow as ‘Toxic’ Community Disagrees on Way Forward appeared first on Bitcoin News.
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