Decentralized Exchange News

2022-12-28 20:41:02 1inch upgrades to offer gasless custom swaps with Fusion

1inch, the largest decentralized exchange aggregator by daily volume, carried out a protocol upgrade called Fusion that claims to give DeFi users the ability to place custom swap orders at specific prices without having to pay gas fees. 1inch is a project that lets traders access liquidity from multiple DEXs in order to swap tokens from within a single platform. It leads in the DEX aggregation niche, processing over $1 billion in trading volume within the past week alone, ahead of competitors like Paraswap, Matcha and Cowswap. The Fusion upgrade relates to 1inch's Swap Engine, a mechanism that connects users.

@Uniswap_PancakeSwap Open / Comment

2022-12-27 23:02:59 Address Related To Alameda Research Claims 11 Million 1INCH

The on-chain analysis platform known as Lookonchain took to Twitter earlier today to share some 1inch Network (1INCH) whale activity. According to the post, an address related to Alameda claimed 11 million 1INCH, which is worth about $4.45 million, around 16 hours ago.The post Address Related To Alameda Research Claims 11 Million 1INCH appeared first on Coin Edition.

@Uniswap_PancakeSwap Open / Comment

2022-12-26 18:40:59 Uniswap Social Dominance Increases By 443.6% Despite Its Poor On-chain Metrics

The price motion of the whole crypto market over the previous several days has not been in line with investor interest. However, Uniswap remained a hot topic in the crypto space as its social dominance went up this week. Despite the fact that most cryptocurrencies did not see an increase, LunarCrush reported that UNI remained a big subject in the crypto realm this week, with its social dominance increasing. UNI remained popular, but market signs indicated that investors should be wary since things may worsen in the following days.

@Uniswap_PancakeSwap Open / Comment

2022-12-25 19:24:58 1inch Network Introduces Fusion Update for DeFi Swaps

The popular DEX aggregator announced the launch of Fusion, which focuses on the 1inch Swap Engine and aims to enhance user experience with DeFi swaps. Users will be able to choose between three options with the Fusion mode. The press release shared with CryptoPotato informed that 1inch Swap Engine “facilitates Fusion, which empowers DeFi users to place orders with a specified price and time range, paying no network fees.”. The team said Fusion mode allows users to swap tokens on various decentralized exchanges without paying any network fees, “at the most favorable rates.”

@Uniswap_PancakeSwap Open / Comment

2022-12-24 23:14:00 SharDex, the first all-in-one decentralized exchange in the Shardeum ecosystem

SharDex, the first all-in-one decentralized trading platform on Shardeum, announced that it will launch on testnet and release an airdrop soon. SharDex is a brand-new decentralized trading platform launched on the Shardeum blockchain that aims to provide users with the best on-chain asset trading experience. It provides a group of asset management solutions, including Bridge, Swap, NFT Marketplace, Launchpad, DAO etc. These functions help users transfer assets from other chains to Shardeum and exchanged them for other assets with an easy-to-use, secure and affordable path. SharDex officially stated that “we deeply agree that Shardeum is a blockchain that truly advocates decentralization, scalability, and security. They are open, collaborative, and community-driven. This is without a doubt our value proposition as well. We believe the future of blockchain needs faster TPS, richer products, and of course, a trustworthy and entrusted decentralized exchange.”

@Uniswap_PancakeSwap Open / Comment

2022-12-23 19:52:01 1INCH One of the Top Most Purchased Tokens by 500 Biggest ETH Whales

The crypto whale tracking website, Whale Stats, took to Twitter early on December 21 to announce that 1inch Network (1INCH) is among the top 10 tokens that were purchased by the top 500 biggest Ethereum (ETH) whales over the last 24 hours.The crypto market tracking website CoinMarketCap indicates that 1INCH is currently trading hands at $0.3975 after a 0.14% drop in price over the last day, and after reaching high of $0.4054 over the same time period. The crypto is also still in the red by more than 9% over the last week.In addition to this, 1INCH weakened against the two biggest cryptos in the market, Bitcoin (BTC) and Ethereum (ETH), by about 0.20% and 0.22% respectively. Also in the red zone is 1INCH’s 24-hour trading volume which currently stands at $12,075,983 after a more than 27% decline over the last day.

@Uniswap_PancakeSwap Open / Comment

2022-12-22 23:03:00 PancakeSwap Launches Syrup Pools on Aptos, Now Top Aptos DEX

PancakeSwap has another incentive for users to migrate over to Aptos with the latest development. PancakeSwap has continued its migration to Aptos by adding CAKE Syrup Pools to its offerings on the nascent network. The move is the latest since the Farms release of the PancakeSwap domino effect into Aptos. The latest product offering on Aptos from the largest decentralized exchange (DEX) from BNB Chain––announced via Medium post by Chef Berries on Dec. 20––brings versatile CAKE utility to the Aptos network. Syrup Pools let users deposit CAKE and start earning. The first token in the Syrup Pool to earn will be stAPT, secured through Ditto Finance.

@Uniswap_PancakeSwap Open / Comment

2022-12-21 20:14:01 Uniswap to allow users to buy cryptocurrency using debit and credit cards

Decentralized exchange Uniswap has partnered with fintech company Moonpay to allow users to buy cryptocurrency on its web app using debit cards, credit cards, and bank transfers. The bank transfer option is being rolled out for users within most U.S. states, Brazil, the United Kingdom and the Single Euro Payments Area, also known as SEPA. In the announcement made on Dec. 20, Uniswap shared that its users will now be able to convert fiat to cryptocurrency on the Ethereum mainnet, Polygon, Optimism, and Artibrum in a matter of minutes. According to Uniswap, decentralized exchanges (DEX) are a much safer option than centralized exchanges (CEX) because of their built-in user protection, self-custodial wallets, permissionless, immutable protocols and transparent public ledger.

@Uniswap_PancakeSwap Open / Comment

2022-12-20 23:14:01 Cosmos Omni-Chain DEX Sifchain’s RedStarling Validator Shutting Down

The core developer of Cosmos Omni-Chain Decentralized Exchange, Sifchain, said that the RedStarling validator will be shutting down. As per a message on RedStarling’s website, Sifcore employees have been abruptly stopped from receiving wages since mid-October. As a result, employees were suggested to shift their assets to other Cosmos Dex.The post further said anyone with assets on the Sifchain’s Peggy Bridge is recommended to “get them off” as soon as possible. The post claimed that the Peggy Bridge is under Jazear’s control.The post Cosmos Omni-Chain DEX Sifchain’s RedStarling Validator Shutting Down appeared first on Coin Edition.

@Uniswap_PancakeSwap Open / Comment

2022-12-20 00:03:00 Sushi DAO votes to send all fees to treasury but it was a fight between whales

Two large entities effectively decided the Sushi DAO vote to direct all fees generated by the SushiSwap decentralized exchange to the protocol’s treasury. The move will mean that sushi token holders will no longer receive rewards from trading fees on the exchange. GoldenChain, the digital investment arm of venture capital outfit Golden Tree, and a wallet closely tied to crypto trading firm Cumberland were the two entities. Together, they contributed 10 million sushipowah tokens — the Sushi DAO governance token — to push through the vote, according to data from the Snapshot voting page. Their combined voting power accounted for 91%.

@Uniswap_PancakeSwap Open / Comment