The Uniswap effect is leading to 208% gains on average for certain tokens
And researchers suggest it’s surprisingly easy to predict, if you know what to look for. Go to Source Powered by WPeMatico
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SLP Trading Platform Cryptophyl Plans to Change Into a Noncustodial Defi Exchange
The U.K.-based Simple Ledger Protocol (SLP) exchange Cryptophyl is closing its doors in order to restructure into a decentralized finance (defi) platform. Cryptophyl has revealed the trading platform will officially go offline on September 21 and is asking customers to withdraw before that period. Just recently the SLP token trading platform Cryptophyl has revealed it … Read more
The rise of DEXs: Fueled by DeFi and ready to disrupt the status quo
With Uniswap surpassing Coinbase, are decentralized exchanges taking over, or is it just a fad? Go to Source Powered by WPeMatico
How to Leverage Uniswap – Ethereum’s Noncustodial Defi Trading Platform
In 2020 decentralized exchanges (dex) have grown quite mature compared to just a few years ago. One specific dex gathering a lot of steam this year in the defi world is Uniswap, a trading platform that held $1.3 billion locked in value and dominated most defi applications by over 18% Friday evening. The following review … Read more
Powering DeFi market: Overview of the top 5 DEXs by total trade volume
As trading volumes across many top DEXs continue to soar, 2020 is shaping to be the year of DeFi tech. Go to Source Powered by WPeMatico
Migration of $180 million worth of SUSHI from UniSwap to SushiSwap has been approved
This chef may be preparing the biggest sashimi of them all. Go to Source Powered by WPeMatico
Yield farming frenzy pushes Uniswap daily volume over $1 billion
Uniswap has become the first decentralized exchange to tag ten-figure volumes amid a yield farming frenzy and vampire attacks Go to Source Powered by WPeMatico
Defi Platform Uniswap Outpaces Coinbase Pro in Global Trade Volume
The decentralized exchange (dex) Uniswap has seen a massive amount of trade volume during the last seven days. Following Uniswap’s rapid increase in global trade volumes, the platform’s founder Hayden Adams celebrated the dex outpacing the centralized exchange Coinbase’s volumes this past weekend. News.Bitcoin.com recently reported on the decentralized finance (defi) economy’s total value locked … Read more
Total Value Locked in Defi Jumped 85% in August, $8 Billion in Assets Held
A lot has changed during the last month, as the popular decentralized finance (defi) ecosystem has swelled considerably in value. Since the first week of August, the total value locked in defi jumped over 85% in 27 days from $4.2 billion to $7.88 billion on August 30. The total value locked (TVL) in the decentralized … Read more
Over $1 Billion Ethereum-Based Tokens Vulnerable to ‘Fake Deposit Exploit’
A number of university researchers published a study that demystifies the “fake deposit vulnerability” in Ethereum-based smart contracts. The findings show that over 7,000 tokens worth more than $1 billion built on top of Ethereum are vulnerable to two types of attacks that exploit smart contracts. Researchers from the University of Queensland, Beijing University of … Read more
