Tags: decentralized exchange

Popular DEX PancakeSwap surged from 16% to 42% market share by June.

Ethereum remains the top choice for developers followed by Solana and Base, as per OKX’s latest report.

Raydium’s success is tied to Solana’s dominance in DEX volumes, with Solana capturing nearly 50% of the market in November.

Ethereum remains the most popular blockchain for decentralized exchanges despite a decline in its market share.

Centralized exchanges are now prime targets, driving up stolen funds significantly wile ransomware attacks are on track to break records in 2024.

Activity on decentralized exchanges has increased recently due to retail traders seeking earlier access to new crypto assets.

Coinbase argued that smaller DEXs will face unfair competition due to high compliance costs, benefiting larger, established players.

Biggest Crypto Gainers Today on Uniswap – METIS, INJ, OX

Shakeeb Ahmed was arrested for hacking an unspecified DEX, then admitted to Nirvava Finance hack too.

The decentralized exchange increased margin requirements on several markets on Nov. 18, after an alleged targeted attack on the YFI token triggered massive liquidations.