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CEX dominance persists despite rapid growth in DEX volumes
CEXs Centralized exchanges are dominated by a few big players, with Binance far outpacing all others in trading volume. With around $17 billion in 24-hour volume recorded on March 25, […]
dYdX jumps 8% after introducing token buyback program to bolster network security
Decentralized trading exchange dYdX has introduced a token buyback program to strengthen network security and enhance the utility of its native token, DYDX. According to a March 24 announcement, the […]
BTSE partners with Orderly Network to launch BTSE Dex 2.0
BTSE announced the launch of BTSE Dex 2.0, which introduces cross-compatibility for Ethereum Virtual Machine-based chains and enables trading for over 50 perpetual futures on networks such as Base, Optimism, […]
DEX market share reaches ATH as CEXs face shrinking volume
Decentralized exchanges (DEXs) now have their highest-ever trading volume ratio compared to centralized exchanges (CEXs). On July 29, Uniswap founder Hayden Adams highlighted this achievement, noting that “DEX market share is at […]
Bullish sign for Ethereum as exchange balances drop
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are […]
Solana establishes new all-time high against Ethereum with robust DEX trading activity
Solana’s SOL has surged to a new all-time high of 0.05797 against Ethereum, according to Tradingview data. This price performance follows its recent surge above the $200 mark for the […]
WOOFi offers 10% bounty in race to recover $8 million stolen in flash loan exploit
The total value of assets locked on the decentralized exchange (DEX) WOOFi plunged by nearly 20% to $45 million after it confirmed it was exploited via a flashloan attack. The […]
Jupiter airdrop propels Solana DEXs to outpace Ethereum in daily trading activity
Solana-based Jupiter airdrop has generated substantial excitement, driving decentralized exchange (DEX) trading activity on the layer1 blockchain network beyond that of Ethereum. Data from DeFillama shows that Solana-based DEXs facilitated […]
What Is Sei (SEI) Network?
The Sei (SEI) Network is a Cosmos-based layer-1 blockchain that aims to change the world of digital asset trading, especially in the decentralized exchange (DEX) ecosystem. It was specifically designed […]