Decentralized Exchange. A cryptocurrency exchange platform that facilitates trading of assets on its own distributed ledger, removing the need for a centralized authority and potentially lowering trading costs
DEX trading volumes spike as users leave CEXs en masse
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.
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).
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.
Over $4B laundered through DEXs, coin swaps and cross-chain bridges, Elliptic reports
Elliptic stated that over $3 billion was laundered through decentralized exchanges.
Komodo’s AtomicDEX bridge will now connect Cosmos to hundreds of blockchains
Capable of supporting 10,000 swaps per minute, Komodo's AtomicDEX will connect Cosmos to both UTXO and EVM-based blockchains.
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.
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.
Inside THORchain: The cross-chain RUNE DEX offering native coins like BTC and ETH
CryptoSlate spoke to Tyler Bond from Nine Realms to discuss what makes THORchain so different and why cross-chain interoperability is so important.
Report: DEXs on-chain transaction volume surpasses that of CEXs
The growth of DeFi played a major role in the on-chain transaction volume of decentralized exchanges beating that of centralized exchanges.