DEX News

The firm will continue to trade assets that are not trapped on FTX, despite uncertainty regarding the "timeline and potential recovery for FTX customers."

The market crisis caused by the FTX fallout put the security of user funds into question and could have pushed retail traders away from centralized exchanges.

Johnny Lyu, KuCoin's CEO, attests to the transparency of the exchange, discloses KuCoin holdings, and denies FTX, FTT exposure

Based on the current FTX situation, the Binance CEO also predicted that FTX's FTT would be extremely volatile in the near future.

Sushi's new legal structure will include a Cayman Island-based DAO foundation, a Panamanian foundation, and a Panamanian corporation.

According to on-chain data compiled by Cluster the majority of web3 projects saw a decline in YoY user growth. Yet - web3 gaming records better user retention than the average web2 games

Cross-chain swaps can now be routed through USDC and transferred via CCTP to a new chain without the need for a traditional web3 bridge

Under the proposal, the hacker will return up to $67 million and keep the remaining $47 million as a bug bounty.

In the financial system, a perpetual futures contract, also known as a perpetual swap, is a transaction representing an agreement to buy or sell an asset at an unspecified point in the future. It also allows users to trade using margin or leverage (using borrowed funds).

SUSHI spiked 6.6% in the last 24 hours, according to CryptoSlate data. The digital asset has been able to maintain a positive price performance over the last seven days, rising 24.4%.

GMX token gained wide popularity in early September when its value rose above the $50 mark during a period when the broader market was trading flat.

Elliptic stated that over $3 billion was laundered through decentralized exchanges.

Joint efforts of top security firms have lead to the hacker returning 70% of the $21 million stolen from Transit Swap's smart contract exploit.

Techcrunch reported that Uniswap Labs is being valued at $1B ahead of a proposed new $100M funding round

An opportunistic crypto trader leveraged GMX's zero slippage design to move AVAX's price in a long and short position for five consecutive trades.

Industry stakeholders reacted negatively to dYdX's verification requests, with some suggesting that the exchange was acting on regulators' instructions.

OptiFi said it used the "Solana close program" without fully understanding the impact of the action.

Analysis shows that one of the best ways to assess a Decentralized Exchange's market performance is by looking at its share of trade volume versus its market cap.