DEX
Over $4B laundered through DEXs, coin swaps and cross-chain bridges, Elliptic reports
Elliptic stated that over $3 billion was laundered through decentralized exchanges.
Oluwapelumi Adejumo 2 min read
DEX News
The latest in decentralized exchange innovation, liquidity trends, and on-chain trading data.
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Top DEX Stories
Hacks
Transit Swap hacker returns $16.5M of stolen funds
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.
Investments
Uniswap Labs rumored to be raising $100M in funding at a $1B valuation
Techcrunch reported that Uniswap Labs is being valued at $1B ahead of a proposed new $100M funding round
Latest DEX News & Analysis
Trading
Crypto trader exploits GMX, manipulates AVAX price to remove $565K
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.
DeFi
Crypto community lambasts dydx’s new facial verification requirement
Industry stakeholders reacted negatively to dYdX's verification requests, with some suggesting that the exchange was acting on regulators' instructions.
DEX
Solana-based DEX OptiFi loses $661,000 permanently after mistakenly closing program
OptiFi said it used the "Solana close program" without fully understanding the impact of the action.
Analysis
Using Share of Trade Volume (SOTV) to assess DEXs
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.
Sponsored Contributor
DeFi
REX – A new kind of blockchain investment optimized to create passive income
REX a staking token, with smart contracts offering advanced and extended staking functions. All of this to make staking management easier, more flexible, and fully decentralized.
DEX
Dfyn exchange introduces a new request-for-quote pricing model
Dfyn's new RFQ pricing model is part of the exchange's push to introduce new investment products, including options, futures, and perpetuals.
More DEX News Headlines
Censorship
Aave confirms TRM Labs API blocked “dusted” Ethereum wallets – access restored
Censorship
DeFi protocols Aave, Uniswap, Balancer, ban users following OFAC sanctions on Tornado Cash
DEX
Decentralized exchange dYdX blocks user accounts associated with Tornado Cash
DEX
