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Abracadabra Finance confirmed a hack of its GM cauldrons products, resulting in a loss of 13 million MIM stablecoins. Reward Offered to Hackers for Return of Stolen Funds The decentralized lending platform Abracadabra Finance confirmed on March 26 that its GM cauldrons suite of products was hacked, resulting in the loss of 13 million MIM … Read more
The DEX scene on Solana has been shaken up recently as a new entrant in the market, PumpSwap, has taken the crypto space by storm. In just six days since its launch on March 20, 2025, PumpSwap has already captured a significant chunk of the Solana DEX market, hitting $425 million in trading volume on … Read more
Per data aggregated from coinmarketcap.com and defillama.com, the decentralized exchange (DEX) platform Pancakeswap has eclipsed Uniswap in seven-day trading volume this week. DEX Volume Wars Analytics unveiled via a Sunday post on X by coinmarketcap.com’s social media account reveal that the DEX Pancakeswap secured the top position in this week’s trading volume figures. “With over … Read more
Pumpdotfun has now launched its native decentralized exchange (DEX), PumpSwap, created to contest with the existing automated market makers (AMMs) like those on Solana. The decentralized finance (DeFi) space is burgeoning, and with it, this new offering from Pumpdotfun comes with a handful of enticing features that aim to draw in traders and liquidity providers. … Read more
Pump.fun launched Pumpswap, its proprietary decentralized exchange (DEX) on the Solana blockchain, on March 20, 2025, to facilitate the trading of tokens created through its platform, according to the platform’s X account. Pump.fun Launches Pumpswap DEX Pumpswap operates with a 0.25% transaction fee, allocating 0.20% to liquidity providers and 0.05% to the protocol. The DEX … Read more
The crypto exchange and blockchain infrastructure provider OKX has “temporarily halted” operations for its decentralized exchange (DEX) aggregation app, “OKX Web3.” This decision comes after the firm previously clarified it implemented safeguards to prevent Bybit hackers from exploiting its platform. OKX Clarifies Web3 Protocol Suspension Last week, OKX refuted allegations of scrutiny by European regulators … Read more
The decentralized finance (DeFi) is now facing a serious downturn of activity. This space had been growing quickly for the last few years, but the opposite seems to be happening now. The price of Ethereum actually dropped a few days ago, which is bad news for DeFi, because most DeFi applications are built on Ethereum. … Read more
Cryptocurrency exchange OKX says “Solana’s meteoric ascent redefined the potential of Web3,” in its 2025 “State of DEXs” report. Solana Is Surging While Ethereum Is Fighting for Relevance Says OKX When it comes to dominating volume on decentralized exchanges (DEXs), Solana is eating Ethereum’s lunch – and drinking its milkshake – at least that’s how … Read more
Node operators voted to temporarily suspend redemptions for the platform’s decentralized finance (defi) offerings, but core developers claim it’s business as usual for all other aspects of the network. Thorchain Teeters on the Edge of Insolvency Decentralized exchange Thorchain halted fund redemptions on its defi products on Friday amid rumors of potential insolvency but claimed … Read more
The HYPE token has risen over 600% since its launch, pushing the total value of the airdrop to $7.5 billion. Go to Source
