Wednesday, November 25, 2020
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DEX volumes pumped over 1,000% in Q3 before October saw the DeFi craze cool

The trading volume on decentralized exchanges, or DEXs, reached $42.6 billion during Q3 2020, marking an increase of 1,132% on the previous quarter, according to a recent industry report from TokenInsight.However, October saw figures pull back a little from September highs, as Bitcoin (BTC) prices started to pump, re-capturing traders' attention following

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Huobi, Dragonfly, Coinbase Invest $500K in New DEX With Alternative Oracle Solutions

Decentralized exchange CoFiX, which aims to offer more accurate and less costly trading with a new oracle solution, has raised half a million dollars from several crypto investors including Huobi’s DeFi Labs, Dragonfly Capital and Coinbase Ventures. Many existing decentralized finance (DeFi) platforms such as UniSwap and Compound use oracles that

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