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The decentralized finance (DeFi) is now facing a serious downturn of activity. This space had been growing quickly for the last few years, but the opposite seems to be happening now. The price of Ethereum actually dropped a few days ago, which is bad news for DeFi, because most DeFi applications are built on Ethereum. … Read more
Cryptocurrency exchange OKX says “Solana’s meteoric ascent redefined the potential of Web3,” in its 2025 “State of DEXs” report. Solana Is Surging While Ethereum Is Fighting for Relevance Says OKX When it comes to dominating volume on decentralized exchanges (DEXs), Solana is eating Ethereum’s lunch – and drinking its milkshake – at least that’s how … Read more
Node operators voted to temporarily suspend redemptions for the platform’s decentralized finance (defi) offerings, but core developers claim it’s business as usual for all other aspects of the network. Thorchain Teeters on the Edge of Insolvency Decentralized exchange Thorchain halted fund redemptions on its defi products on Friday amid rumors of potential insolvency but claimed … Read more
The HYPE token has risen over 600% since its launch, pushing the total value of the airdrop to $7.5 billion. Go to Source
In December, decentralized futures trading reached an all-time high, capturing 10.17% of centralized exchange (CEX) volumes. With platforms like Hyperliquid, Jupiter, and Drift driving innovation, the total DEX trading volume surged by 26.5% to $285 billion. This growth underscores the increasing appeal of decentralized platforms in the trading ecosystem. DEX futures trading hit a new … Read more
The layer-1 chain needs more than a successful perpetuals exchange to justify the HYPE token’s lofty valuation, according to the asset manager. Go to Source
The layer-1 network clocked nearly $3.8 billion in trading volume in the past 24 hours, according to DefiLlama. Go to Source
Uniswap hinted that the latest iteration of its DeFi platform will come out this year. It was undergoing testing for the duration of 2024. Go to Source
The final regulation treats DeFi front-ends as brokers, demanding the disclosure of gross proceeds from sales of digital assets. Go to Source
PancakeSwap’s 2024 trading volume surged to $310 billion, driven by DeFi growth, layer-2 adoption and user-focused upgrades. Go to Source
