Centralized cryptocurrency exchange (“CEX”) tokens have seen a stellar run up year to date, with BNB...In this report, we will be studying the utility of exchange tokens across a number of centralized (CEX...) and decentralized (DEX) exchanges, as well as the cashflow accrual mechanism to token holders.

Every attempt to build a decentralized exchange has been focused on a single market type....On centralized exchanges, either the exchange or a project actively solicits market making firms to provide...As a decentralized exchange, Vega will not engage in this....It’s an obvious problem for decentralized exchanges.

Quick Background Curve is an exchange liquidity pool built on Ethereum to handle extremely efficient...While Curve is directly targeting this market between stablecoin exchanges, the total volume number of...$12.6T is misleading as while this amounts to total stablecoin exchange volumes, only a fraction would...

31% of USDT Supply Is Sitting on Exchanges Risk assets fell during Asian hours weighed down by rising...USDT supply on exchanges is at a 1-year high, indicating that investors have become risk-averse and sold...About 31% of the total USDT supply are sitting idle on exchanges, suggesting traders are turning risk-off...supply on exchanges respectively.

BTC and ETH Leaving Exchanges Exchange balances of BTC and ETH have been on a consistent decline since...BTC balance on exchanges is currently at a three-year low, and ETH balance on exchanges is at a two-year...rise of DeFi has allowed users to seek yields on their assets rather than keeping them dormant on an exchange...on centralized exchanges.

Amid the speculation, let’s revisit the current exchange token landscape, many of which have seen remarkable...The rise in exchange tokens has been driven in large part by Binance’s BNB token, which recently reached...There’s little doubt the approaching Coinbase IPO has shed light on other centralized exchanges and positively...

ETH outflows from exchanges outweigh inflows, blockchain gaming continues to attract investors, and Binance...📊 ETH Exchange Outflows Continue to Outweigh Inflows Large amounts of ETH have continued to leave...exchange wallets, despite the declining ETH price....On August 29th, exchanges saw an outflow of over 476k ETH.

Chart of The Day: BTC Exchange Balance Trends Down The BTC balance on exchanges recently hit its multi-year...As the adoption of Bitcoin increases, we see that more users are willing to take bitcoin off exchanges...Previously, the BTC balance peaked on March 2020’s Black Thursday when investors rushed into exchanges...

Exchange Exodus; Bullish for DEXes?...Yesterday marked the single largest daily outflow of BTC from exchanges since mid 2016....Binance and Coinbase were the top two exchanges in terms of absolute outflow....The million dollar question right now is whether this will benefit decentralized exchanges.

Limitless is a social prediction market on Base. Having interacted with the team and been watching them closely, I can attest that they are capable of building a product that can compete with Po...

Vertex Protocol is a hybrid orderbook/AMM DEX that launched on Arbitrum in April. It’s key differentiators are its low fees (0/3 bps) and unified cross-margin. The race for cross-margin is an emergi...

Notably, ETH supply on exchanges has fell to 2016 levels....with ETH being integrated into multiple DeFi use cases, there are opportunity costs for leaving ETH on exchanges...With ETH staking at new highs and ETH on exchanges at its lows, what happens when demand for ETH comes...

Deribit becomes the latest crypto exchange to get hacked for $28M, prompting the exchange to temporarily...🚨 In Case You Missed It Deribit halts withdrawals after hackers drain $28M from the exchange’s hot...

ETH’s Structural Megatrend Since August 2020, ETH % supply on exchanges has been trending down from...In addition to more liquidity leaving exchanges and being locked up in smart contracts, a sustained deflationary...ETH’s Structural Megatrend Since August 2020, ETH % supply on exchanges has been trending down from ~...

Exchanges are Losing Coin Supply Since 2020, the amount of BTC that has left exchanges on a net basis...by regulators since then, causing concern for the exchange’s customers....the largest permissionless exchanges in the world....There has been virtually no net inflow of ETH to exchanges since mid-2020.

A Scandinavian country opens a tax office in the metaverse and a leading exchange is likely working on...Sam Bankman-Fried, CEO of FTX, says the exchange will likely create a stablecoin.

Protection In spectacular fashion, the SEC has filed lawsuits against the two largest cryptocurrency exchanges...Exchanges are a sensitive topic, particularly for an industry still recovering from the FTX collapse....While centralized exchanges should be subject to scrutiny, the SEC’s regulatory approach not only fails...

Justin Sun is reportedly involved in the purchase of another crypto exchange, and the rush to mint a...OECD releases a new global tax reporting framework for crypto assets, covering intermediaries like exchanges...