DEX | ForkLog - Part 12

ForkLog 40 30.12.2024

Hyperliquid Introduces HYPE Staking

The developers of the decentralized exchange Hyperliquid have announced the launch of a staking mechanism for their native token, HYPE, on the mainnet. Staking is now live on mainnet. Staking is an important milestone for Hyperliquid because it allows the diverse community of HYPE stakers to collectively secure the network. Like other proof of stake […]

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ForkLog 27 30.12.2024

DEX Trading Volume Hits Record $463 Billion in December

In December, the total trading volume on decentralized exchanges reached a record high of $463 billion. Monthly DEX capitalization chart. Data: DeFi Llama. Uniswap led the platforms with $106.4 billion. Pancake Swap followed with $96.4 billion, and Raydium came third with $58 billion. Top 10 DEX by trading volume. Data: DeFi Llama. According to The […]

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ForkLog 20 27.12.2024

Jupiter DEX Aggregator Announces New Airdrop

The largest DEX liquidity aggregator in the Solana ecosystem, Jupiter, plans to conduct an airdrop of 700 million JUP in January 2025. Jupuary 2025 ? Here is the first Overview of the upcoming Jupuary distribution. Team decided to go with a split between Users & Stakers and Carrots & Good Cats. This way we are […]

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ForkLog 33 24.12.2024

North Korean Cyber Threats Trigger $249 Million Outflow from Hyperliquid

On December 23, the TVL of the Hyperliquid platform decreased by $249 million to $2.08 billion, according to Dune Analytics. This followed activity by North Korean hackers on the platform and speculation about a potential breach. Data: Dune Analytics. The community speculated that the perpetrators might gain control over most validators, similar to the Axie […]

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ForkLog 366 23.12.2024

Hype or a new standard? What Hyperliquid’s airdrop—history’s most generous—teaches us

In late November 2024 the decentralised exchange (DEX) Hyperliquid carried out a genesis airdrop of its native token, HYPE. Roughly 31% of the total supply went to community participants, allocated in proportion to points earned at an early stage. The giveaway was the largest on record, worth about ~$10.8bn at the token’s peak. Since then […]

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ForkLog 54 23.12.2024

Uniswap to Launch Unichain Mainnet in Early 2025

The team behind Unichain, a layer-two Ethereum solution from the decentralized exchange Uniswap, has announced the launch of its mainnet in early 2025. Back in October, we announced Unichain ✨ Today we’re sharing the official Unichain roadmap to public mainnet and beyond And we’re also announcing that Unichain will go live with permissionless fault proofs […]

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ForkLog 10 23.12.2024

Concerns Arise Over Potential Hyperliquid Breach

Several users on X have noted that wallets linked to North Korean hackers are actively trading on the DEX Hyperliquid. Among those commenting was MetaMask wallet developer Taylor Monahan. DPRK’s trading career is…uh….going…..? tbh if i was the dude managing Hyperliquid’s 4 validators (or those fucking ghetto ass binaries on gh) I would be shitting […]

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ForkLog 35 19.12.2024

Solana Dapps Revenue Hits Record $365 Million in November

The total fees generated by Solana applications in November reached a historic high of $365 million, with $106 million attributed to the “meme token factory” Pump.fun, according to data from Syndica. Data: Syndica. Pump.fun became the first in Solana to achieve a nine-figure income in a month. The figure could have been even higher if […]

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ForkLog 23 11.12.2024

Raydium Protocol Retains Top Spot in DEX Trading Volume

Since October 2024, the AMM protocol Raydium has led in trading volume among DEXs across all blockchains, according to analytics service Messari. In October, @RaydiumProtocol emerged as the leading DEX by trading volume across all chains. This trend accelerated in November, with Raydium processing $124.6 billion in monthly volume, surpassing Uniswap’s $90.5 billion by 30%. […]

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ForkLog 23 27.11.2024

Uniswap Launches Bounty Program with Rewards Up to $15.5 Million

Uniswap Labs has announced it will pay up to $15.5 million for discovering critical vulnerabilities in the core contracts of the fourth version of the Uniswap non-custodial exchange protocol. Introducing the largest bug bounty in history ? We’re rewarding up to $15.5M to anyone that finds a critical vulnerability in v4 core contracts Find a […]

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ForkLog 12 26.11.2024

Solana’s DEX Monthly Turnover Surpasses $100 Billion

In November, the trading volume on decentralized exchanges (DEX) within the Solana network reached a record $109.8 billion. By comparison, Ethereum’s figure is nearly half at $55.3 billion, according to DeFi Llama. Data: DeFi Llama. In October, Solana’s DEX turnover was $52.9 billion. In November, the metric exceeded this value by 107.6%. The previous monthly […]

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ForkLog 11 20.11.2024

TONCO DEX Celebrates Mainnet Launch with 3500 USDT Giveaway

On November 19, Algebra launched TONCO, a decentralized exchange (DEX) on The Open Network (TON) mainnet, featuring support for concentrated liquidity based on the CLAMM model. To mark the occasion, the project team will distribute 3500 USDT among early users, as announced on X. ? TONCO Trading Campaign Starts Tomorrow! ? The wait is over—TONCO […]

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