Monday, November 25, 2024
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Perpetual DEX Palmswap Joins Forces with Gotbit Ahead of Liquidity Event 

The upcoming Palmswap V2 is an enhanced iteration of the decentralized leveraged trading platform and is set to debut on July 5. Palmswap, a decentralized exchange (DEX) focused on perpetual futures trading, has partnered with crypto market maker Gotbit Hedge Fund in preparation for its upcoming liquidity program scheduled for next

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Wintermute Backs DEX Vertex Protocol in Strategic Investment

"Vertex Protocol meets the market's growing demand for noncustodial trading solutions while also possessing the efficiency of centralized exchanges," said Tim Wu, head of decentralized finance (DeFi) at Wintermute, in the statement. "Their rapid growth reflects this trend, and their robust infrastructure is a good fit for large trading firms

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Every Centralized Exchange (CEX) Needs a Decentralized Exchange (DEX)

Finally, and perhaps most promisingly, a DEX backend enables a CEX to compose with other builders, integrating features and network effects into new “super-app” products. Altogether, blockchain infrastructure is fast approaching a point where building decentralized applications is no longer a matter of principle, it’s a matter of competitive advantage

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$3M worth of customer funds swiped via alleged Swaprum DEX rug pull

Arbitrum-based decentralized exchange (DEX) Swaprum has allegedly conducted a rug-pull on its users, with $3 million worth of customer deposits being swiped from the platform.A rug-pull or exit scam occurs when a seemingly legitimate project ropes in a certain amount of investment or user deposits before promptly shutting everything down,

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QuickSwap Integrates Orb-Powered dTWAP for Cheaper Price Impact on DEX Orders

QuickSwap has become the latest DEX to integrate dTWAP for traders to cut down on the price impact of their orders.  Leading Polygon decentralized exchange QuickSwap recently integrated dTWAP for DEXs. Powered by Orbs, dTWAP, the fully permissionless and composable DeFi protocol, will grant QuickSwap dragons access to its algorithmic trading strategy. This means

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