Hacks
Mango Markets DAO set to approve $47 million bounty for hacker
Under the proposal, the hacker will return up to $67 million and keep the remaining $47 million as a bug bounty.
Christian Nwobodo 1 min read
DEX News
The latest in decentralized exchange innovation, liquidity trends, and on-chain trading data.
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DeFi
What Features Differentiate the Top Perpetual Futures DEXs?
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).
DEX
Sushi price rises 6.6% following $5.3M investment from GoldenTree
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%.
Latest DEX News & Analysis
DEX
GMX DEX spikes 35% as Binance, FTX announce listing
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.
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.
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
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.
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DEX
Solana-based DEX OptiFi loses $661,000 permanently after mistakenly closing program
Analysis
Using Share of Trade Volume (SOTV) to assess DEXs
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DeFi
REX – A new kind of blockchain investment optimized to create passive income
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