dYdX challenges Uniswap's dominance in January: Binance Research
dYdX's strategic shift from Ethereum to Cosmos results in surging trading volumes in January, data gathered by Binance Research shows.
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dYdX's strategic shift from Ethereum to Cosmos results in surging trading volumes in January, data gathered by Binance Research shows.
This development marks a significant step forward in making DeFi platforms more interactive and social. This will close the gap between traditional social trading experiences and the world of decentralized finance.
UNI price is moving higher from the $6.00 support. Uniswap is up 5% and it could rally if there is a clear move above the $6.35 resistance zone.
Large transactions involving UNI progressively declined since the start of February.
This achievement marks a significant milestone for Jupiter Exchange and highlights the shifting dynamics within the DeFi landscape. Particularly emphasizing the rising prominence of Solana-based platforms.
Uniswap briefly reclaimed its number one spot as the DEX with the highest trading volume within a 24-hour period.
Respected crypto expert Crypto Jebb Information has spilled the beans on his carefully selected list of top-performing assets to rock the upcoming bullish market. Taking the spotlight is Solana, marking a potential game-changer.
Jupiter is seeing surging trading action amid the JUP airdrop on Solana—and it's way ahead of Ethereum's Uniswap V3.
Story Highlights The live price of UniSwap coin is . UNI's price could reach a maximum of $12.85 by the end of 2024. Unicoin price, with a potential surge, may reach a high of $61.89 by the end of 2030. DeFi's have come into existence with the idea of no intermediaries.
Solana (SOL) endured a challenging period in 2023, plummeting by 60%. However, recent usage statistics suggest a potential comeback, hinting at further gains ahead.
Polkadot (DOT) Price Analysis Polkadot price has been trading along the ascending trend line, which has been acting as strong support in the last few weeks Despite a significant growth in the buying pressure, the bulls failed to lift the price above the levels, suggesting the presence of decent bearish activity While the RSI is
Uniswap has rolled out a new feature that enhances its user experience significantly. In its latest web update, Uniswap has introduced the ability to send tokens directly from the interface, streamlining the process for users who want to swap, send and manage their assets in one place.
Users can now send tokens directly from the Uniswap interface. Users can use either ENS domains or traditional wallet addresses.
Uniswap's Hayden Adams contests claims that Solana's Jupiter has flipped Ethereum largest DEX.
TL;DR Jupiter DEX, based on the Solana network, successfully recorded a trading volume of $518 million in the last 24 hours, surpassing Ethereum's Uniswap by $25 million. The success is attributed to the enthusiasm generated by the recent airdrop of the memecoin ‘Wen' and the growing interest in the exchange of stablecoins on the platform.
Data from CoinGeko shows that Solana-based decentralized exchange (DEX) Jupiter recently surpassed Ethereum's foremost DEX Uniswap in an important metric. This has created a narrative that the SOL network might indeed be ready to take over Ethereum's position as the King of Decentralized Finance (DeFi).
Jupiter decentralized exchange on Solana (SOL) recorded a notable $480 million trading volume, outshining Uniswap (UNI), one of the dominant names in the sector. Meanwhile, increased memecoin & stablecoin activities triggered the upside.
Jupiter Exchange volumes topped $480 million in the last 24 hours, with much of the volume being led by traders swapping stablecoins and flipping a new memecoin Wen
Solana's decentralized exchange (DEX) Jupiter has surpassed the well-known Ethereum-based Uniswap V3 in daily trading volume.
However, there's a game-changing development in the DeFi space that is poised to revolutionize this experience: UniswapX. This is an innovative platform that guarantees zero gas fees on failed swaps, ensuring users never waste ETH again.
The app is for more people now. It speaks seven languages and works with 18+ currencies, including Chinese.
Uniswap Labs, the developer of Uniswap–a decentralized exchange, has introduced a new security feature called Permit2. Taking to X on January 18, the DEX developer said this update addresses the “infinite token allowances” vulnerability that hackers can exploit.
dYdX has surpassed Uniswap's daily transactional volume, hitting $757 million, following the its decision to move to the Cosmos blockchain.
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 18, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.