Demex

Auto Added by WPeMatico

Weekly Decentralized Exchange Volumes Near $20B, Uniswap Captures Lion’s Share, Pancakeswap Trading Climbs

by

On Tuesday, the founder of the decentralized exchange (dex) Uniswap tweeted about the trading platform passing $10 billion in weekly trade volume for the first time. Decentralized trading volumes have grown massively, as dex platforms built on Ethereum have seen more than $18 billion in volume during the last week. Meanwhile, the dex Pancakeswap, an … Read more

Chasing Liquidity Pools: Crypto Assets and Defi Apps Can Give Yields Up to 400% Annually

by

While cryptocurrency markets have been red hot and gaining in value, demand for certain assets and liquidity has grown massive. At the same time, a myriad of crypto proponents are chasing significant returns by hunting for liquidity pools with colossal yields. These days certain decentralized finance (defi) applications can give a yearly ROI upwards of … Read more