The decentralized finance (DeFi) token Uniswap (UNI) saw a lift of an equivalent of 7.2% within 24 hours of trading. This was caused by the same occurrence that pushed the market’s flow up the highly talked-about and much-anticipated Bitcoin halving event. Volumes of UNI underwent a noticeable surge, with the value rising to over $181 […]
Uniswap Labs has announced three new tools to simplify the swapping experience within their platform and bring simplicity to decentralized exchanges. These new releases include a Uniswap extension tool, a function for limiting orders on its web app, and a new data and insights web page. Seamless Swapping: Introducing the Uniswap’s Extension Tools According to […]
Solana DEX Jupiter volumes topped $480 million in the last 24 hours, with much of it led by traders swapping stablecoins and flipping a new memecoin, Wen. Trading volumes on the Solana-based DEX Jupiter toppled the charts at $480 million in the last 24 hours amid a frenzy for a new memecoin airdrop and heightened […]
THORChain, a decentralized crypto trading protocol capable of cross-chain swaps, has emerged as a prominent player in the decentralized exchange (DEX) landscape by securing the third-highest trading volume in the past week. Users appear drawn to the high yield associated with its native token, RUNE. Last week, THORChain’s trading volume hit $1.32 billion, third to […]
Ethereum Foundation loses $9,101 to MEV Bot in Uniswap V3 transaction, while bot gains $4,060. This setback dealt a significant blow to Ethereum, the second-largest blockchain network. This data highlights an increasing problem of sandwich attacks in the crypto sphere. Over the past 30 days on the Ethereum chain alone, a staggering $1.3 million has […]
The Uniswap Foundation aims to secure an additional $62 million in funding. They plan to allocate $15 million annually towards community grants supporting decentralized finance (DeFi) projects. The second tranche of funding is subject to an on-chain vote scheduled for October 4. This funding will bolster the development efforts of Uniswap, the leading decentralized exchange […]
Grayscale’s legal win over SEC led to Uniswap surge with increased Ethereum buying after the news spread. According to reports from LookOnChain, when the price of ETH increased by 4%, one whale purchased 8,000 ETH in a single transaction, paying them 13.6 million USDC. The price of $ETH jumped ~4%. And a whale spent 13.66M […]