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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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The retail-facing platform uses a non-custodial setup, CEO Philipp Zentner said. Source
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Robinhood wallet will be the first to use the Tx Relay API. Source
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The recent move in all-time weekly fees follows Coinbase’s announcement last week launching BASE, another layer two network built using Optimism tech, which has sparked interest in Optimism’s ecosystem. The price of Velodrome’s native token VELO, which has a market capitalization of roughly $62 million, has soared 84.3% in the
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Market observers expected a surge in the use of decentralized exchanges following the collapse of FTX, but analysts said many DEXs offer a less user-friendly experience than centralized ones. Source
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In the event of unforeseen market conditions, Mango's security council can put the protocol into "post-only mode" to limit deposits, buys, borrows and position increases. The decentralized autonomous organization (DAO) can then vote on whether to halt trades, force settlement or updating risk parameters. Original Source
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press release PRESS RELEASE. NFEX has completed a $3 Million seed round led by ABCDE Capital and included investment from other well-known institutions including Amber Group and Firestone Ventures. NFEX strives to build the best derivative NFT market, creating new opportunities to attract greater liquidity to the NFT marketplace. What is
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“Until now, exactly how that governance should take place has been unclear,” the proposal description reads. “SundaeSwap Labs proposes that such governance use the auditable off-chain governance technology developed in-house, as well as a set of rules and procedures by which proposals for the future of the decentralized protocol can
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Place/Date: New York, United States - January 31st, 2023 at 2:57 pm UTC · 3 min read Contact: Marketing Biswap, Source: Biswap BNB Chain decentralized exchange Biswap has published its 2023 roadmap which includes a number of proposed improvements and upgrades. It includes details of a new AMM,
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