Hyperliquid Achieves $10.1 Billion Open Interest High as HYPE Token Surges

Hyperliquid has announced that it has achieved a new all-time high in open interest, reaching $10.1 billion. The decentralized exchange (DEX) also reported 24-hour fees of $5.6 million and a total value locked (TVL) in USDC of $3.5 billion. This DEX trading milestone reflects the growing activity and engagement within the Hyperliquid ecosystem, welcoming new … Read more

Uniswap Reaches $3 Trillion in Trading Volume, Creator Looks Ahead to $10 Trillion

Hayden Adams, the creator of the decentralized finance platform Uniswap, announced on social media that Uniswap has become the first decentralized exchange (DEX) to reach $3 trillion in trading volume. In his post, Adams expressed confidence that Uniswap will also be the first DEX to achieve $10 trillion in volume. He expressed gratitude to the … Read more

DeFi’s Unfair Advantage: How MEV and Front-Running Hurt Traders

Unfair trading practices like MEV, slippage, and front-running have long plagued decentralized exchanges, eroding both profits and the core principles of fairness. David Wells suggests that traders can spot these problems by watching for unusually high slippage, trade executions at worse-than-expected prices, and the “sandwiching” of transactions. Watch Out for MEV, Front-Running, Traders Told For … Read more

Hacked Decentralized Exchange Kiloex Claims All Stolen Funds Have Been Returned

The decentralized exchange Kiloex, which was recently hacked, announced that all stolen funds have been recovered. The company stated that it is now working with legal authorities and experts to officially close the case. Since all funds have been returned, there are no remaining victims, fulfilling Kiloex’s promise of a fair and transparent resolution. The … Read more

PumpSwap DEX Reaches $10 Billion in Volume in Just 10 Days, Sparking Competition with Raydium

In just 10 days from launch, PumpSwap—a decentralized exchange (DEX) on the Solana blockchain—reached $10 billion in transaction volume, thanks to impressive growth and market demand. This unfathomable rise has seized the attention of the DeFi community and raised questions about what it means for Solana-based DEXs to compete with already established platforms like Raydium. … Read more

Pumpswap Hits Record $488 Million in Daily Trading Volume, Eyes Market Growth

Pumpswap, the latest decentralized exchange (DEX) from Pump.fun, has hit record highs in daily and weekly trading volume, reaching $488 million and $1.55 billion, respectively. Despite its rapid growth, Pumpswap still trails Raydium in market dominance, signaling an ongoing battle for supremacy in Solana’s DEX ecosystem. PumpSwap’s Explosive Growth Looks to Challenge Raydium in Solana … Read more

Hyperliquid’s Emergency JELLY Delisting Saves $240M but Sparks Centralization Backlash

Hyperliquid, a decentralized exchange (DEX) platform, delisted the JELLY token on March 26, 2025, following suspected market manipulation that triggered a $10.63 million loss, prompting emergency intervention by its validator network. Hyperliquid Delists JELLY Amid Suspected Market Manipulation Hyperliquid, a decentralized exchange (DEX) protocol operating on its proprietary layer one (L1) blockchain, removed the JELLY … Read more

DeFi Platform Abracadabra Hit by Hack, Offers Reward for Return

Abracadabra Finance confirmed a hack of its GM cauldrons products, resulting in a loss of 13 million MIM stablecoins. Reward Offered to Hackers for Return of Stolen Funds The decentralized lending platform Abracadabra Finance confirmed on March 26 that its GM cauldrons suite of products was hacked, resulting in the loss of 13 million MIM … Read more