# Automated market makers are dead

# Automated market makers are dead

“# Automated market makers are dead ” Billions of dollars have flowed into decentralized exchange protocols based on the automated market maker (AMM) model, which bootstraps network effects by incentivizing liquidity with project tokens, thereby creating a self-contained ecosystem of traders and yield earners. This mechanism has allowed decentralized exchanges (DEXs) to compete for the…

Read More
# SynFutures raises M for derivatives DEX supporting ‘anything with a price feed’

# SynFutures raises $14M for derivatives DEX supporting ‘anything with a price feed’

“# SynFutures raises $14M for derivatives DEX supporting ‘anything with a price feed’ ” Forthcoming decentralized derivatives exchange SynFutures has closed an oversubscribed $14 million Series A funding round led by Polychain Capital. The automated market maker’s funding round also saw participation from other heavyweight crypto investors including Pantera Capital, Framework, and Wintermute. Including the…

Read More
# Kyber expands to Polygon, announces M ‘Rainmaker’ liquidity mining program

# Kyber expands to Polygon, announces $30M ‘Rainmaker’ liquidity mining program

“# Kyber expands to Polygon, announces $30M ‘Rainmaker’ liquidity mining program ” Decentralized finance (DeFi) liquidity hub Kyber Network (KNC) is set to become the next DeFi protocol to enter the expanding Polygon (MATIC) ecosystem. In a statement issued on Wednesday, Kyber announced the launch of Rainmaker — a liquidity mining program on the platform’s…

Read More
# 1inch releases composable Limit Order Protocol

# 1inch releases composable Limit Order Protocol

“# 1inch releases composable Limit Order Protocol ” Today, decentralized exchange and liquidity aggregator 1inch announce the launch of the 1inch Limit Order Protocol. The new feature boasts 5 different security audits, and will enable users to buy or sell assets at specific price targets on Ethereum, BSC, and Polygon. The new feature will also…

Read More