SushiSwap CTO reveals why the project isn’t scaling on Optimism anytime soon
Joseph Delong feels that rival DEX Uniswap had preferential treatment from the L2 solutions provider. Go to Source Powered by WPeMatico
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DHedge scales up on Polygon, integrates with SushiSwap
dHEDGE’s “v2” Polygon deployment boasts a SushiSwap integration enabling asset managers to access Sushi’s DEX and yield farming functionality. Go to Source Powered by WPeMatico
Unique Addresses Tethered to Ethereum Defi Apps Climb Past 3 Million
The number of users or unique addresses leveraging decentralized finance (defi) protocols via Ethereum has risen past 3 million according to recent statistics. A vast majority of these unique addresses use the defi protocol Uniswap, as 2.4 million users have been recorded since December 2018. Ethereum Defi Applications See Unique Addresses Surpass 3 Million According … Read more
Traders anticipate ‘DeFi Summer 2.0’ after TVL and token prices rise
A rally in blue-chip DeFi tokens and the sector’s rising total value locked has traders hopeful that a prolonged rally will take place. Go to Source Powered by WPeMatico
Just HODL! Bitcoin and Ethereum outperform ‘lower risk’ crypto index funds
Data from Delphi Digital shows holding BTC and ETH was more profitable than investing in weighted average market cap crypto and DeFi index funds. Go to Source Powered by WPeMatico
After ‘7/20’ social media campaign, Sushi reveals all-in-one AMM ‘Trident’
The new AMM will feature four customizable pool options and offer significant capital efficiency for depositors. Go to Source Powered by WPeMatico
Harmony announces $1M hackathon aimed at merging traditional finance and DeFi
The hackathon will run for roughly six weeks from Aug. 15 to Sept. 30 and include four challenges from three different categories. Go to Source Powered by WPeMatico
Shibaswap Dex Captures $1.5 Billion Locked in 2 Days, SHIB Platform Bumps ETH Fees Higher
The crypto asset shiba inu (SHIB) now has a decentralized exchange (dex) platform called Shibaswap and since the trading protocol’s launch, the dex has $1.55 billion total value locked (TVL). The SHIB-fueled dex has a lot more liquidity than most platforms today as Shibaswap has been catching up to popular dex platforms like Pancakeswap and … Read more
Unicly to Leverage Sushi’s Miso Auction Tools to Deepen Fractional NFT Liquidity
As Unicly advances NFT combination, fractionalization, and trading, an integration with Sushiswap’s auction platform is designed to promote better pricing conditions for utoken creators and buyers. Collaboration Designed to Improve NFT Price Discovery Process Despite the cooling hype surrounding NFTs, there has been no shortage of innovation in the space as non-fungible token projects explore … Read more
Decentralized Exchange Volumes Double Overnight — A Look at the Top 3 Dex Platforms in 2021
As crypto markets saw some recovery on Tuesday, decentralized finance tokens and applications have once again started swelling in value. Decentralized exchange (dex) trade volumes have increased a great deal, as daily swap volumes stemming from Ethereum-based dex applications have doubled since Monday. Pancakes, Sushi, and Unicorns Decentralized finance continues to astonish, as billions of … Read more
