DEX

Solana DeFi Ecosystem Strengthens: TVL Climbs To Highest Level In Nearly 2 Years

Solana DeFi Ecosystem Strengthens: TVL Climbs To Highest Level In Nearly 2 Years

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure After a prolonged period of reduced activity, the Solana network and ecosystem have regained traction once again with network activities surging to new levels. SOL’s price may be struggling with heightened volatility, but its network has displayed resilience, painting a bullish future […]

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ParaSwap Rebrands to Velora Following Tense DAO Vote on Bybit Hack Fees

ParaSwap Rebrands to Velora Following Tense DAO Vote on Bybit Hack Fees

Decentralized exchange aggregator ParaSwap has rebranded to “Velora,” the company announced Thursday, signaling a major change in both name and platform. The move comes just two weeks after a close DAO vote on whether ParaSwap should return fees earned from swaps linked to the Lazarus Group’s Bybit hack. The relaunch introduces Delta v2.5, a system

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Hyperliquid’s Emergency JELLY Delisting Saves 0M but Sparks Centralization Backlash

Hyperliquid’s Emergency JELLY Delisting Saves $240M but Sparks Centralization Backlash

Hyperliquid, a decentralized exchange (DEX) platform, delisted the JELLY token on March 26, 2025, following suspected market manipulation that triggered a $10.63 million loss, prompting emergency intervention by its validator network. Hyperliquid Delists JELLY Amid Suspected Market Manipulation Hyperliquid, a decentralized exchange (DEX) protocol operating on its proprietary layer one (L1) blockchain, removed the JELLY

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CEX dominance persists despite rapid growth in DEX volumes

CEX dominance persists despite rapid growth in DEX volumes

CEXs Centralized exchanges are dominated by a few big players, with Binance far outpacing all others in trading volume. With around $17 billion in 24-hour volume recorded on March 25, Binance’s trading volume is an order of magnitude higher than any other exchange. Binance offers roughly 1,868 markets (479 coins) and captures an outsized share

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dYdX jumps 8% after introducing token buyback program to bolster network security

dYdX jumps 8% after introducing token buyback program to bolster network security

Decentralized trading exchange dYdX has introduced a token buyback program to strengthen network security and enhance the utility of its native token, DYDX. According to a March 24 announcement, the protocol stated that it would allocate 25% of its net monthly fees to buy DYDX tokens from the open market. These tokens will be staked

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DEX Platform Pancakeswap Dethrones Uniswap in Weekly Volume Race

DEX Platform Pancakeswap Dethrones Uniswap in Weekly Volume Race

Per data aggregated from coinmarketcap.com and defillama.com, the decentralized exchange (DEX) platform Pancakeswap has eclipsed Uniswap in seven-day trading volume this week. DEX Volume Wars Analytics unveiled via a Sunday post on X by coinmarketcap.com’s social media account reveal that the DEX Pancakeswap secured the top position in this week’s trading volume figures. “With over

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