Hyperliquid’s native token HYPE trades at $34.78 after briefly touching $34.94. It has gained 1.77% over the last 24 hours. Market cap rose to $11.61 billion, with circulating supply at 333.92 million tokens. Trading volume surged 59.4% to $159.21 million, lifting the volume-to-market cap ratio to 1.38%. Despite modest price
Capitalizing on the opportunities of the growing DeFi ecosystem, OKX Ventures undertook an investment in Momentum, a DEX on the Sui blockchain. Announced on June 6, the announcement situates Momentum as a fast-rising star within the Sui realm, providing deep liquidity and very efficient trading opportunities. Founded in 2022, Momentum
Changpeng “CZ” Zhao, the co-founder and ex-CEO of Binance, is back stirring the pot — this time pushing for more automated, DEX-style token listings on centralized exchanges. In a recent X post thread, he argued that moving toward a setup like that could kill off front-running and give regular users
The decentralized finance economy runs on something known as “liquidity”, which refers to the funds provided by protocol users to keep their engines ticking over. These liquidity pools are the lifeblood of DeFi applications, enabling users to swap tokens, lend and borrow funds, and more. At the time of writing,
Ethereum has regained its position as the top decentralized exchange (DEX) chain, overtaking Solana for the first time since September. The shift happened in March as bearish market sentiment, especially in the memecoin sector, led to a decline in activity on Solana-based platforms like Raydium and Pump.fun. Ethereum-based DEXes recorded
PumpSwap, the new exchange (DEX) built by Pump.fun, has taken off fast. In just 10 days, it has processed $2.43 billion in trading volume. The platform has also generated over yp$5.4 million in protocol fees, welcomed 700,000 active wallets, and recorded more than 30.5 million swaps, according to data by
Binance Smart Chain (BSC) DEX trading volume surpasses Solana today. This remarkable record is led by the new memecoin MUBARAK hype. Mubarak memecoin has been making waves in the industry with its incredible price surge of over 300% in the last 24 hours. As per DefiLama, BSC climbed up to
OKX exchange made an elaborative post regarding its proactive measures against security threats. It temporarily suspended its DEX aggregator services to improve its features. In response to the security threats from Bybit hacker Lazarus Group and media platforms, OKX is taking steps towards robust security, along with a hacker detection
Solana (SOL) experienced a sharp drop after reaching $139.73. The token is currently trading at $134.49, down 2.20% in the last 24 hours. Its market cap stands at $68.44 billion, reflecting the same percentage decline. The trading volume has dropped significantly to $2.12 billion, marking a 55.18% decrease. Solana’s market
XRP Ledger native DEX swap daily volume reached about $17 million per day. Ripple CEO Brad Garlinghouse stated on January 28 that XRP DEX has achieved $400 million in swaps in January 2025. Moreover, since its launch, the DEX has processed over $1 billion in digital currency swap transactions. Garlinghouse
