Bitcoin DeFi ecosystem explained
DeFi on Bitcoin was made possible by the Taproot upgrade. Find out how Bitcoin DeFi works compared to the Ethereum blockchain. Go to Source Powered by WPeMatico
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SushiSwap’s new DEX aggregator will ’10x our market share’ — Head Chef
SushiSwap’s roadmap for the coming year includes the development of a DEX aggregator, a decentralized incubator, and “several stealth projects.” Go to Source Powered by WPeMatico
Decentralized Exchange Trading Volumes Remain Lackluster in the New Year, Uniswap Leads the Way with Daily Swaps
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
Defi More Scalable Than Traditional Finance, New Study Says
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
DEX aggregator OpenOcean enables cross-chain swaps across major networks
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
Industry execs confident in DeFi adoption despite security flaws: Finance Redefined
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
As DEXs struggle, new approaches kindle hope
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
SushiSwap CEO reveals DEX lost $30M on LP incentives this year
“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
The all-in-one approach at the foundation of next gen crypto investment platforms
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
Sushiswap chief says it only has 1.5 years of treasury runway left
The DEX’s operating expenses currently amount to $5 million per year. Go to Source Powered by WPeMatico
