Pump.fun, a Solana-based memecoin launchpad, is reportedly testing a new in-house automated market maker (AMM), which could potentially replace Raydium as the primary decentralized exchange for tokens launched on its platform. This development was initially reported by Aggr News on X (formerly Twitter), reporting that this innovation might challenge Raydium’s
Market Overview Derivatives trading has become an indispensable part of the crypto landscape.The perpetual contracts market share significantly increased within the derivatives market even on-chain. The development of on-chain derivatives trading protocols has been going in two main directions. One follows the traditional Centralized Exchange (CEX) order book model, where
Every then and there, occurs an incident, either a hack or an attack upon the crypto industry. The worst affected are always the exchanges, notably. In such terms, Raydium, the best functioning Decentralized Exchange (DEX) upon the Solana (SOL) blockchain was hacked on December 16th, 2022. The hack took place
A recent analysis reveals today’s AMM liquidity provider earnings. Bancor users deposit tokens to gain trading fees and liquidity benefits. Automated Market Makers (AMMs) have become a decentralized financial staple. Across all main blockchains, users have staked over $30 billion in AMMs, producing billions in trading fees. However, the financial
Curve DAO token (CRV) gains 35% price surge in 24 hours. Remarks one of the highest gainers for the day . Expected to make its ATH soon crossing over the $6 target. As well said, almost the whole month of October most of my writings everyday denote the surge of
MonoX Protocol raises $5 million through mass fundings. Focuses on bringing projects with superior DEX features. All new projects to be upon single sided pools featuring only one token. When it comes to the world of Decentralized Finance (DeFi) and all its protocols, the MonoX Protocol is one of the
