...steep losses in 2022 and 2023, at -₩185.8 billion (-$143 million) and -₩206.7 billion (-$159 million)...Users can stake WEMIX for a 5.3% APR or interact with their DEX, PNIX, where tokens like CROW and DRACO...Its blockchain arm, built around the WEMIX platform, spans a blockchain, DEX, NFT marketplace, and a...

Introduction There’s a brand new DEX in town, and it’s quietly sitting among Ethereum’s top 5 DEXs by...For example, within the current active bin on Maverick, there is only 206 USDC and 12.06 ETH (meaning...Many new DEXs struggle to generate new users initially....As the most similarly designed DEX to Maverick, the comparison is inevitable.

Because even if Solana’s next generation perp DEXs, Bullet and Bulk, don’t compete with the likes of...Layer 2) with ZK proofs shines on latency and zero-fee potential, Drift’s L1 looks limited due to the...to walk through my thought process on evaluating the potential of these next generation Solana perp DEXs...

The graphic above shows that in six months, perpetual DEX volume share went from 2% to 2.1%, with total...Even if DEX volume share remains at 2%, dYdX will generate $270M and $539M annually for $5T and $10T...This approach mitigates front running and has allowed Synthetix to lower trading fees to 2/6 bps on major...

Part 2 – Applications In Part 1 we have overviewed Anoma’s intents and seen how they compare to Ethereum-style...“Part 2: WTF are intent-based apps?”...has 2 sections; First, we take a look at some existing intent-based apps across various verticals that...User 0xea wanted to sell 48,942 USDC and receive at least 26.66 ETH.

...leader for options DEXs....Currently, on-chain options only account for 0.19% of notional open interest (OI), with a high of 2%...OI in April 2022....Withdrawals from the Aevo rollup to Ethereum mainnet take only 2-3 hours, a much shorter confirmation...The scenario margin’s max loss is -$20 and ETH price is $1,600: Scenario margin = $20...

The derivatives DEX gives users a position representation token (ERC-20, ERC-721, or otherwise), which...The TVL of the DEX sits at $13.67M despite the Sovryn DEX being the main DEX of the ecosystem, like other...DEX’s....the inscription technology by building a simple order book DEX for BRC-20 tokens.

BTC and a basket of DEX tokens vs. BTC....Since the bankruptcy filing, the DEX basket is up 24% whereas the CEX basket is down 2%....DeFi, the largest single borrow of ~$50M USDC against SOL collateral, with a liquidation price of $21...The liquidation process happens in chunks of 20%, and while it started off okay, it eventually became...

📊 DEX Volume Spikes After FTX Collapse Weekly DEX volume across all chains increased 146% from...This was reflected in market prices as a basket of DEX tokens vs....During the Terra collapse, weekly DEX volume increased 115% from $29.1B to $62.7B during the first week...

...iteration of the product, launched on May 5, 2021....After many rumors and much waiting, Curve v2 was launched on Jun. 9, 2021....Let’s illustrate how Curve v2 works using data from the ETH/USDT pair in Tricrypto on Jun. 8, 2022 –...In the spirit of practical analysis, we pulled data for every trade in 2022 on Ethereum for the ETH/USDT...

We account for strong growth through 2024 and 2025....seen with spot-based DEXs, the 2x multiple acts as a conservative baseline of what’s expected for the...DEXs) at the end of 2030.

) of DEXs on Solana have declined from 118K on 26th June to 69k (nice!)...The most significant decline in DAUs of DEXs in the last 30 days occurred after June 26th when active...Orca had a total of 53k DAUs on 26th June, which made up almost half of the Solana DEXs DAUs that day...of DEXs […]...

So the asset list isn’t limited to BTC and ETH, as it has been on every other options DEX....more perp and spot exchanges offer non-crypto assets, I expect this trend to continue across option DEXs...As of 06/23, SPCX options have seen nearly $300k in 24h notional volume with $940k in notional OI.

Internet Game is an interactive entertainment platform that is launching its Season 2, titled “Bear Market...There are 2 parts to the games....Part 2 is a live finale with 3 multi-player games hosted by Gmoney & Leah Lamarr....The Sandbox announces the start of Alpha Season 3 on August 24....Fractional raises $20M funding round, rebrands to Tessera.

DeFi’s Secret Cash Flow Machine In Sept. 2020, Metamask announced its native swapping feature that...And this has resulted in over $200M in revenue over the last 11 months....Metamask’s revenue to that of two of the top DEXes on Ethereum: Sushiswap and Curve....Trading fees on Binance and FTX are far lower than on DEXes....quotes from multiple DEX […]...

...native token prices as they are very commonly used as collateral in DeFi and as base pairs for native DEXes...In Terra’s case, DEX base pairs usually utilize UST instead of LUNA, therefore this growth in TVL is...TVL on the Terra network has increased meaningfully since the 27th of November, around the same time...

The DEX space is rife with innovative designs that enable efficient swaps across a multitude of assets...One of the newer additions to this space is GMX – a hybrid spot-derivatives DEX on Arbitrum and Binance...If the trader wants 2 ETH of leverage, 2 ETH from GLP is “rented out” to give the trader their desired...

Derivative DEXes Slowdown on Shaky Markets Volume on derivative DEXes has cooled off as market conditions...shaky. dYdX maintains a strong lead against its competitors as it makes up the bulk of all derivative DEX...MCDEX volume dwindles on both BSC and Arbitrum, GMX and Perpetual Protocol seem to be the only two DEXes...

On 28th June it stood at 484mil, a 100mil(-17%) supply decrease in 30 days....Axie floor prices increased from 0.03 ETH to around ~0.066 ETH, and MEO 2 Axie prices rose from 0.084...flat throughout the month while Mystic 1 Axie floor price grew from 5.5 ETH to 9.99 ETH and Mystic 2...Therefore, there is a need for a DEX on Ronin.

DEX Volume Quietly Shoots Back Up Their tokens may not see it yet, but DEX usage is beginning to trend...This sequence of events caused a quick 25% dip in Aave’s liquidity....First possible date for approval (barring SEC extensions) is Dec 24....(@iamRahul20x) November 3, 2021 Travala now accepts UST .