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“# Sovryn launches complete suite for Bitcoin DeFi on RSK ” Sovryn, a decentralized finance platform operating on the RSK Bitcoin sidechain, announced on Tuesday its public launch. Users can now access a full suite for trading Bitcoin (BTC) in a trustless, noncustodial environment, benefiting from powerful leverage and yield opportunities. The platform presents a mix of…
“# Uniswap tops $50B in lifetime volume, but where’s it coming from? ” Leading decentralized exchange Uniswap has surpassed $50 billion in all-time trade volume, a major milestone for the DEX sector. On Dec. 15, Uniswap creator Hayden Adams tweeted data indicating the platform has processed a life-time volume of $51.7 billion across 26,000 unique…
“# Polkastarter launches initial DEX offerings with fixed price tokens ” Polkastarter, a decentralized exchange on the Polkadot platform, is launching a mechanism for crowdfunding, with several projects lined up to offer token sales through the platform. Through a so-called “Fixed Swap Pool”, projects can list their tokens and set up a pool with a…
“# LINKSWAP hits $20M value locked as new ‘farmers’ boost YFL price outlook ” LINKSWAP, a decentralized exchange (DEX) on Ethereum (ETH) has become the eighth-largest DEX by total value locked (TVL) on Dec. 14, a week after its launch. YFL, the governance token of the DEX, has also started to recover in the past…
“# A feature allowing anonymous Uniswap trading has returned ” Uniswap serves as a massive player in the decentralized finance, or DeFi, niche of the crypto space. Incognito, a blockchain focusing on crypto privacy, has reopened pUniswap, a way to participate on Uniswap privately. “Uniswap, Ethereum’s largest DEX, just went Incognito. Again,” Incognito announced in…
“# Eosfinex set to list 18 DeFi tokens from Ethereum ” Eosfinex, the Bitfinex-backed non-custodial exchange running on the Eos (EOS) network, announced the listing of more than 15 ERC-20 tokens, primarily consisting of governance tokens of major DeFi protocols on Ethereum. The listing is made possible by a collaboration with pNetwork, a crypto asset…
“# DeFi protocol 1inch closes $12M funding round led by Pantera Capital ” The team behind the 1inch protocol, which combines an automated market maker protocol and an aggregator for other DEXs, announced on Wednesday a successful Series A round for $12 million. Pantera Capital, a major venture fund active in the cryptocurrency space, led…
“# Yearn’s merger with SushiSwap will be the most comprehensive to date ” The flurry of Yearn.finance (YFI) “mergers” continues with the tightest integration yet with SushiSwap (SUSHI), the decentralized exchange that began its life as a Uniswap fork. Announced by Yearn founder Andre Cronje on Tuesday, the collaboration involves a variety of synergies between…
“# RSK-based DeFi protocol launches innovative decentralized exchange concept ” DeFi protocol Money on Chain, a lending platform and stablecoin issuer based on Bitcoin (BTC) sidechain RSK, announced Wednesday the launch of TEX, an automated token swap platform based on an order book with a unique twist. Instead of being available instantaneously, orders are processed…
“# DeFi protocol 1inch set to be the first to expand to the NEAR blockchain ” The Mooniswap decentralized exchange protocol, developed by DEX aggregator 1inch Exchange, will be the first Ethereum (ETH) DeFi protocol to develop on NEAR, a sharded smart contract platform. As part of a collaboration announced on Tuesday, the 1inch team…