Dex platform – DIGIT INFO

Defi Frenzy: Dex and Perpetuals Smash $52.81B in January’s First 4 Days

DIGIT — Sun, 05 Jan 2025 05:45:57 +0000

After an unprecedented rise in decentralized exchange (dex) and perpetuals volumes last month, these decentralized finance (defi) platforms have witnessed $52.81 billion in trading volume across the initial four days of January 2025. Uniswap and Hyperliquid Dominate Defi Trading Volumes in 2025 The new year kicks off with a promising note, as the crypto economy’s […]

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Uniswap Introduces Wallet Extension and Limit Orders, UNI Jumps 83% in 30 Days

DIGIT — Tue, 27 Feb 2024 19:30:42 +0000

Uniswap Labs has unveiled a collection of new features designed to refine the trading journey for users of its decentralized exchange (dex). This collection encompasses the Uniswap browser extension, limit orders for precise trading strategies, and advanced data and insights for making well-informed choices. Uniswap Labs explained on Tuesday that the expansion aims to make […]

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Sushi Partners With Layer N to Launch High-Speed Derivatives Exchange

DIGIT — Wed, 14 Feb 2024 09:30:33 +0000

Sushi, the multi-chain decentralized exchange (dex), plans to launch a new high-speed derivatives exchange called Susa using Layer N’s scaling technology, Sushi revealed on Tuesday. The partnership aims to rival centralized exchanges by processing over 100,000 transactions per second with milliseconds of latency. Susa’s Debut on Layer N Promises New Era for Dex Platforms Sushi […]

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Pancakeswap Launches Version 3 of Protocol on BNB and Ethereum Blockchains

DIGIT — Mon, 03 Apr 2023 18:15:05 +0000

On Monday, April 3, the decentralized exchange (dex) platform Pancakeswap launched version 3 of its protocol (v3) on the Binance Coin (bnb) and Ethereum blockchains. The new application aims to improve the performance of the dex protocol and reduce fees by implementing four levels of trading fees. New Features and Improved Capital Efficiency Offered in […]

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Innovations Help to Substantially Reduce the Gap Between Decentralized and Centralized Exchanges — Dexalot COO

DIGIT — Thu, 02 Mar 2023 10:00:29 +0000

While centralized exchanges are thought to be safer and more efficient, proponents of decentralized platforms like Tim Shan insist that user experience on decentralized exchanges has improved. In addition, inherent benefits associated with decentralized exchanges such as the self-custody of assets make look more appealing than centralized exchanges. Decentralized Exchanges Closing the Gap Despite seemingly […]

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Polygon-Based Decentralized Exchange Quickswap Loses $220K in Flash Loan Exploit

DIGIT — Mon, 24 Oct 2022 20:19:38 +0000

On Monday, the Polygon-based decentralized exchange (dex) Quickswap lost $220K in a flash loan exploit and following the attack, the team detailed the Quickswap Lend platform will be terminated. Quickswap Hacked for $220K, Dex Project Sunsets Lending Platform 2022 has been quite the year for decentralized finance (defi) hacks as billions have been stolen due […]

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Uniswap’s $165 Million Series B Capital Raise One of the Largest by a Crypto Firm in 2022

DIGIT — Fri, 14 Oct 2022 11:30:48 +0000

Uniswap Labs, the firm behind the Uniswap decentralized exchange protocol, announced on Thursday that it raised $165 million in a Series B funding round. According to one report, the capital raise, which sees Uniswap Labs’ valuation rise to $1.66 billion, is the largest by any crypto firm in 2022. Uniswap Completes $165M Capital Raise, Decentralized […]

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So-Called ‘Pharma Bro’ Martin Shkreli Turns ‘Crypto Bro’ — ‘I Started Using Uniswap in Prison’

DIGIT — Sun, 22 May 2022 20:00:47 +0000

Following his release from prison, the former hedge fund manager and convicted felon, Martin Shkreli, discussed cryptocurrencies and using the decentralized exchange (dex) platform Uniswap from a federal penitentiary. The so-called ‘Pharma Bro’ further explained that eventually, a crypto entity could dethrone some of the largest banking giants. Martin Shkreli Talks Defi and Cryptocurrencies Martin […]

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Avalanche Value Surges Reaching an All-Time High, AVAX Joins the Top Ten Crypto Markets

DIGIT — Sun, 21 Nov 2021 16:30:19 +0000

Cryptocurrency markets have started to recuperate from last week’s losses as bitcoin, ethereum, and a slew of digital assets have seen slight gains. However, the cryptocurrency avalanche has seen its value skyrocket this past week 46.9% higher over the last seven days. Avalanche has also crept into the top ten digital asset market valuations with […]

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Solana-Based Drift Protocol Raises $3.8 Million — Project Reveals Drift Alpha Ticket NFTs

DIGIT — Wed, 27 Oct 2021 04:00:34 +0000

While the blockchain network Solana’s native token has skyrocketed in value this week jumping 31.4%, the Solana-based perpetual swap platform Drift Protocol announced it raised $3.8 million from strategic investors. At the same time, Drift announced the launch of its alpha mainnet after several months of “grind, hard work, debugging, building security guardrails.” Solana Perpetual […]

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