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3232Pancakeswap Launches Version 3 of Protocol on BNB and Ethereum Blockchains
https://www.digit.info/pancakeswap-launches-version-3-of-protocol-on-bnb-and-ethereum-blockchains/
Mon, 03 Apr 2023 18:15:05 +0000https://www.digit.info/2023/04/03/pancakeswap-launches-version-3-of-protocol-on-bnb-and-ethereum-blockchains/Read more]]>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 […]
]]>USDC Dominated Trading Volume on Decentralized Exchanges Amidst Depegging Incident
https://www.digit.info/usdc-dominated-trading-volume-on-decentralized-exchanges-amidst-depegging-incident/
Sun, 12 Mar 2023 14:30:56 +0000https://www.digit.info/2023/03/12/usdc-dominated-trading-volume-on-decentralized-exchanges-amidst-depegging-incident/Read more]]>On Saturday, several centralized crypto trading platforms and payment processors stopped USDC auto conversions. However, USDC experienced a significant trading volume on decentralized exchange (dex) platforms such as Uniswap, Curve, and Pancakeswap. Uniswap alone recorded $10.13 billion in trades over the past day, with more than 55% of those swaps involving USDC against wrapped ether, […]
]]>Supply of Tokenized Bitcoin Dropped Significantly Since the Start of the Year
https://www.digit.info/supply-of-tokenized-bitcoin-dropped-significantly-since-the-start-of-the-year/
Sat, 26 Nov 2022 17:00:48 +0000https://www.digit.info/2022/11/26/supply-of-tokenized-bitcoin-dropped-significantly-since-the-start-of-the-year/Read more]]>This year, the number of tokenized bitcoins hosted on alternative blockchains like Ethereum, has dropped a great deal. Last January the number of wrapped bitcoin (WBTC) issued on the Ethereum blockchain was around 266,880 WBTC and since then, the number has dropped by more than 15% down to 225,962 WBTC. Similarly, the quantity of tokenized […]
]]>Metrics Show Decentralized Exchange Volumes Continue to Slide This Year
https://www.digit.info/metrics-show-decentralized-exchange-volumes-continue-to-slide-this-year/
Thu, 21 Apr 2022 23:30:08 +0000https://www.digit.info/2022/04/21/metrics-show-decentralized-exchange-volumes-continue-to-slide-this-year/Read more]]>Decentralized exchange (dex) volumes have been dropping since December 2021 according to current statistics. However, last month dex trade volumes spiked 2.37% higher than the volumes recorded in February. Despite the brief spike and with only eight days left in April, metrics show this month’s dex volumes will likely be much lower than in March. […]