Bybit targets Q3 launch of new Solana-based DEX Byreal

Bybit targets Q3 launch of new Solana-based DEX Byreal

Crypto exchange Bybit is launching Byreal, a hybrid decentralized exchange on Solana that combines centralized exchange liquidity with DeFi transparency. Crypto exchange Bybit has announced that it aims to release its new Solana-based decentralized exchange Byreal in the third quarter, with a testnet version coming out at the end of June.  In an  X post…

Read More
Stablecoins 'in bull market'; Solana sputters: VanEck

Stablecoins 'in bull market'; Solana sputters: VanEck

Stablecoin adoption persists even as market wide jitters weigh on Ethereum and Solana’s performance, VanEck said. Stablecoins are “in a bull market of their own,” even as smart contract platforms — including Ethereum and Solana — sputter amid the marketwide tumult, asset manager VanEck said in an April 3 monthly note. The diminished activity on…

Read More
ParaSwap rebrands to Velora, introduces intent-based DEX trading feature

ParaSwap rebrands to Velora, introduces intent-based DEX trading feature

DEX aggregator ParaSwap has rebranded to Velora and launched its Delta v.2.5 upgrade, introducing a customizable intents-based trading system that enhances trade execution flexibility, MEV protection, and cross-chain functionality. Decentralized exchange (DEX) aggregator ParaSwap announced its rebrand to Velora and is moving on to a new intents-based trading feature. According to an announcement shared with…

Read More
Curve Finance clocks B trading volume in Q1 2025

Curve Finance clocks $35B trading volume in Q1 2025

It has also seen a strong uptick in transaction activity over the past 12 months, the DeFi protocol said. Curve Finance, a decentralized lending protocol and exchange, notched record-breaking trading volumes of nearly $35 billion in the first quarter of 2025, a spokesperson for the protocol told Cointelegraph.  Trading volumes increased more than 13% from…

Read More
Hyperliquid DEX trading volumes cut into CEX market share: Data

Hyperliquid DEX trading volumes cut into CEX market share: Data

Data shows Hyperliquid’s trading volumes eating into centralized exchange trading market share. Hyperliquid is one of the current bull market’s standout DeFi success stories. With daily trading volumes having reached $4 billion, the exchange has become the largest decentralized (DEX) derivatives platform, commanding nearly 60% of the market. Hyperliquid still lags far behind Binance Futures’…

Read More