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According to statistics, decentralized exchange (dex) monthly trading volumes have dropped significantly since Jan. 2022. After a brief spike in volume in Nov. 2022, dex trade volumes have been lackluster for the past 44 days. As of Jan. 14, 2023, Uniswap version three (V3) has the highest trade volume during the past 24 hours at … Read more
Despite the market conditions that prevailed in much of 2022, decentralized finance (defi) still demonstrated its greater scaling potential than that of the traditional financial industry, a new report has said. Even though the total value locked dropped from the peak of $180 billion in Dec. 2021, to just over $50 billion by end of … Read more
Users will be able to swap and bridge assets across multiple networks like Ethereum, BNB Chain, Polygon, Arbitrum, Avalanche, and Fantom. Go to Source Powered by WPeMatico
The top 100 DeFi token had a mixed week with majority of them losing bullish momentum from the last week. Go to Source Powered by WPeMatico
Despite their popularity, DEXs have a number of drawbacks that may be preventing growth. A new approach, however, has offered a way forward. Go to Source Powered by WPeMatico
“Ultimately, we must harden the business model to produce more swap volumes & generate more fees,” wrote CEO Jared Grey. Go to Source Powered by WPeMatico
ClearCryptos, an all-in-one crypto platform, combines all the best of DeFi and CeFi with the education necessary to use it right. Go to Source Powered by WPeMatico
The DEX’s operating expenses currently amount to $5 million per year. Go to Source Powered by WPeMatico
JPMorgan has outlined key changes it expects in the crypto industry and its regulation following the collapse of crypto exchange FTX. The global investment bank envisages several new regulatory initiatives, including those focusing on custody, customer asset protection, and transparency. JPMorgan Expects Major Changes in Crypto Industry Post FTX Meltdown Global investment bank JPMorgan published … Read more
The collapse of FTX and other centralized platforms in 2022 has pushed investors toward noncustodial platforms. Go to Source Powered by WPeMatico
