Sushi DEX Recovers 100 Ether After Millions Lost on Weekend Exploit
‘White hat’ hackers are working to recover more of the stolen funds as of Monday. Source
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DEX
Sushi DEX Approval Contract Exploited For $3.3M
Developers asked users to revoke contracts as a security measure early Sunday. Source
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Trader Joe joins top 5 DEX list as Liquidity Book model thrives on Arbitrum
Trader Joe has risen to the top five decentralized exchanges by trading volume after the launch of its V2 platform on Arbitrum on Feb. 1, 2023. Top five DEX by 7-day trading volume. Source: DeFiLlamaThe project launched a liquidity incentive program to boost deposits for ARB, ETH and USDC trading which
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PancakeSwap DEX Launches Version 3 with Improved Performance & Lower Fees
The PancakeSwap DEX Version 3 also looks to introduce a “VIP” trading rewards program and a position manager feature down the stretch. PancakeSwap DEX has launched Version 3 on Ethereum and BNB Chain, offering improved performance and lower fees. According to reports, Version 3 introduces four different trading fee tiers of the
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PancakeSwap DEX Launches Version 3 on BNB Chain and Ethereum
V3 brings four different trading fee tiers, 0.01%, 0.05%, 0.25% and 1%, compared with V2's single level of 0.25%. Original Source
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BNB Chain-Based DEX Level Finance Votes on Transferring $200M to Treasury
“Rewards, incentives, as well as all emissions will be made directly out of the DAO. Proposals and delegations of votes will be live, and the community (along with our new ecosystem partners), will collectively materialize the full potential of the project alongside our team,” it added. Source
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Dfyn Version 2 Goes Live With On-Chain Limit Orders and Enhanced DEX Security
"The technology we’ve developed eliminates the challenges of impermanent loss and liquidity mining, which will enable us to scale and create an inclusive multi-chain DeFi ecosystem with a feature-rich, easy-to-use DEX at the heart of it," Ramani Ramachandran, co-founder of Dfyn, told CryptoX. Source
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Orca DEX to block US users from trading with its interface
The Solana-based decentralized exchange (DEX) Orca will block all United States users from trading using its web interface beginning March 31, according to a March 16 notice posted to its official website. The exchange did over $634 million worth of trading volume in February and has over $46 million total value
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Hybrid DEX, INNODEX, emerges amid FTX, Silvergate liquidity crises
Silicon Valley Bank (SVB), representing the United States information technology hub, Silicon Valley, went bankrupt due to a bank run, massive deposit withdrawals, in under 14 hours. SVB’s bankruptcy is the second-largest in history after Washington Mutual went under during the Global Financial Crisis (GFC) in 2008. Silvergate Capital, one of the
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Kwenta DEX Lures Traders to Capture Bitcoin, Ether Returns Regardless of Direction
Kwenta works in tandem with Synthetix, a popular DEX that offers crypto, equity, and forex futures to traders. On Kwenta, Synthetix stakers take the other side of every trade. Funding rates attract traders on each side, balancing the skew. DEXs rely on smart contracts instead of middlemen to process trades. Original
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