Bybit CEO Ben Zhou has addressed the recent liquidation of a massive Ethereum (ETH) position on Hyperliquid, shedding light on the challenges of managing high-leverage trading on decentralized exchanges (DEXs) and centralized exchanges (CEXs). The incident involved a whale holding a long ETH position valued at approximately 300 million, backed ...
Orbs, a blockchain-based Layer-3 protocol focused on enhancing DeFi infrastructure, has launched Liquidity Hub V2 to revolutionize liquidity optimization across the cryptocurrency ecosystem. The update introduces advanced features that deepen on-chain liquidity for decentralized exchanges (DEXs) and enhance the overall decentralized trading experience. The new version equips DEXs with advanced ...
OKX has partnered with the on-chain data platform Dune Analytics to offer real-time analytics using its DEX aggregator. The integration, revealed on December 18, enables users to access detailed on-chain data, including daily transaction volumes, cross-chain swaps, and blockchain-specific activity. You can now view live data on our DEX aggregator ...
Ronin Network has announced a substantial upgrade for its decentralized exchange (DEX), Katana. The v3 upgrade, scheduled for late November, is designed to enhance trading efficiency and capital utilization. It will introduce concentrated liquidity pools, allowing traders and liquidity providers (LPs) to experience deeper liquidity and reduce slippage on the ...
Bitget Wallet, the primary soft wallet platform for Bitget exchange, has partnered with virtual asset investment firm Foresight X to invest in Tomarket, a new crypto trading platform. The joint venture, announced on June 28, 2024, aims to tap into the trillion-dollar market of emerging digital asset projects. According to ...
After the unfortunate delay of its planned debut in Q4 2022, the anticipated user-friendly DEX, Infinex, will officially be launched to the public on May 13, 2024, Synthetix's founder, Kain Warwick, revealed recently. During his presentation at the ETH Global conference in Sydney, Australia, on May 2, Warwick happily revealed ...
Goracle has reached a major milestone with the successful launch of its highly anticipated Initial DEX Offering (IDO) and the introduction of the GORA token on June 28, 2023. This launch represents a pivotal moment for Goracle, as it solidifies its position as a key player in the cryptocurrency space. ...
Paradigm, a crypto venture capital firm, has criticized the United States Securities and Exchange Commission (SEC) over its attempts to classify the term "exchange" to include decentralized exchanges (DEXes). The U.S. SEC proposed an amendment to the 1934 Securities Exchange Act that includes DEXes and decentralized financing (DeFi) platforms within the ...
