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Solana ended 2025 with record revenue, transaction activity, and trading volumes across its ecosystem. Growth spanned apps, assets, DEXs, and trading platforms, underscoring the network’s expanding role in crypto markets. Revenue and Trading Surge for Solana in 2025 Solana wrapped up 2025 with its strongest year yet, posting record figures across application revenue, network usage, … Read more
Hyperliquid didn’t rely on hype cycles or marketing blitzes to break into the spotlight—it engineered its way into relevance, forcing the crypto industry to reassess how far onchain trading infrastructure had come. What Hyperliquid Is At its core, Hyperliquid is a decentralized exchange ( DEX) built specifically for perpetual futures trading. Unlike earlier DEX platforms … Read more
While decentralized perpetual exchanges, or perp DEXes, clocked an eye-popping $1.2 trillion in volume in October, the data reveals their November tally eased slightly, trading a bit softer than the prior month’s fireworks. While the dip clocked in at just $70 billion, November’s perp DEX haul still loomed 71.7% above September, making it clear the … Read more
OKX adds in‑app decentralized exchange (DEX) trading with self‑custody across Solana, Base, and X Layer. OKX announced on November 13 that it is rolling out a new DEX trading feature in the OKX App, enabling customers — including users in the United States, MENA, Southeast Asia, and the CIS — to create passkey‑based self‑custody wallets … Read more
Dromos Labs disclosed on Nov. 12, 2025, that Aerodrome and Velodrome will fold into a new unified decentralized exchange (DEX) called Aero, pulling Base, Optimism, Ethereum mainnet, and Circle’s Arc chain into one liquidity hub. New Aero DEX Aims to Streamline Trading on Base, Optimism, Ethereum The layer two (L2) heavyweights Aerodrome and Velodrome are … Read more
Vladimir Novakovski’s blockchain startup Lighter has secured $68 million in fresh funding from top-tier backers, marking one of the most notable reverse pivots in Silicon Valley—from artificial intelligence (AI) back to crypto. According to a Forbes report, Lighter’s $68 million round was led by Peter Thiel’s Founders Fund and Ribbit Capital, with participation from Haun … Read more
Terminal Finance, a new decentralized exchange incubated by Ethena, has attracted over $280 million in pre-deposit total value locked. The Structural Difference: Code Over Custody In the wake of centralized exchange (CEX) failures and allegations of opaque governance following the market crash on Oct. 10, the debate over decentralized resilience has reached a fever pitch. … Read more
Kodiak Finance has integrated Orbs’ dTWAP and dLIMIT protocols to enhance trading functionality. The upgrade supports large, discreet trades and advanced customization, boosting Kodiak’s appeal to professional traders. Kodiak’s Leading Position and New Features Kodiak Finance, the premier liquidity platform on Berachain, has announced the integration of two trading protocols from Orbs—dTWAP and dLIMIT—marking a … Read more
With the perpetual decentralized exchange (DEX) wars blazing hotter than a meme coin rally, defillama.com shows the battlefield tally: nearly a trillion dollars in trades over the last week, with a cool $869.189 billion stamped on the books. Aster and Hyperliquid Command 52.80% of $869B Perp DEX Market Perp DEXs are the current obsession, and … Read more
Perpetual futures have become crypto’s main event, and the perp DEX wars—led by Hyperliquid, Aster, GMX, DYdX, ApeX, Drift, Jupiter, EdgeX, and Sunperp—are where the action won’t quit. From Order Books to Onchain: Inside 2025’s Perp DEX Dogfight Perpetuals are derivatives without an expiry; funding payments between longs and shorts keep contract prices tethered to … Read more
