DEX | ForkLog - Part 15

ForkLog 15 03.05.2024

Memecoins: A “Valuable” Tool for Decentralized Exchanges, Says Expert

Trading in memecoins is beneficial for decentralized exchanges (DEX) as it attracts non-traditional DeFi traders to the platforms. This was stated by Synthetix founder Kain Warwick at the MemeGlobal Sydney conference, reports Cointelegraph. “There is an opinion that memecoins are pure speculation. In my view, speculation is good. They are valuable,” he added. Warwick disagreed […]

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ForkLog 10 16.04.2024

Solana-Based DEX Drift to Launch Governance Token and Conduct Airdrop

The decentralized exchange (DEX) on Solana, Drift, has announced the launch of its governance token, DRIFT. Introducing $DRIFT — the Drift Governance Token. DRIFT is the governance token of Drift Protocol, the largest open-sourced perpetual futures exchange built on Solana. pic.twitter.com/BGTBANpThH — Drift Foundation (@DriftFDN) April 16, 2024 The total supply will be 1 billion […]

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ForkLog 29 15.04.2024

Uniswap Labs Increases Swap Fee via Interface

Uniswap Labs has raised the token swap fee using the DEX interface from 0.15% to 0.25%. The changes did not affect trades involving stablecoins and wrapped tokens, reports The Block. Users can avoid fees by using an alternative interface to access Uniswap. On February 23, 2024, a nonprofit organization associated with the DEX published a […]

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ForkLog 24 11.04.2024

SEC’s Allegations Against Uniswap Spark DeFi Community Backlash

Uniswap has received a Wells notice from the SEC, potentially leading to a lawsuit. The exchange’s team expressed readiness to fight, deeming the regulator’s arguments weak. The community rallied in support of Uniswap and its founder, Hayden Adams. The largest decentralized exchange, Uniswap, has received a warning from the U.S. Securities and Exchange Commission (SEC) […]

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ForkLog 13 10.04.2024

Zeta Markets to Distribute 100 Million Tokens on Solana

The Solana-based decentralized crypto derivatives exchange, Zeta Markets, is set to conduct an airdrop of 100 million governance tokens, Z. We’re proud to introduce $Z — the future of decentralized trading.$Z powers the governance and protocol growth of Zeta Markets, @solana‘s fastest perpetuals exchange, which has facilitated +$4B in trading volume serving 71.6k monthly active […]

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ForkLog 10 02.04.2024

Uniswap Integrates Blast Layer 2 Solution

The Uniswap Labs team has deployed the eponymous protocol on the Blast Layer 2 solution.

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ForkLog 16 19.03.2024

Solana-Based DEXs Lead in Trading Volume

Decentralized exchanges built on Solana have captured nearly half of the market in terms of daily trading volume, according to data from CoinGecko. Data: CoinGecko. The leading platform in this segment is Jupiter, with a volume of $2.66 billion, followed by Raydium at $2.4 billion. Uniswap, the largest DEX, holds the third position, with Solana-based […]

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ForkLog 26 13.03.2024

PancakeSwap Unveils Fourth Version of Its Protocol

The decentralized exchange (DEX) PancakeSwap is set to launch the fourth version of its protocol on the Ethereum and BNB Chain networks in the third quarter, introducing a range of innovations. This was reported by CoinDesk, citing a statement from the developers. The platform’s team aims to enhance the functionality of the automated market maker […]

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ForkLog 22 13.03.2024

Aevo Distributes 30 Million AEVO Tokens in Airdrop

The Layer 2 cryptocurrency derivatives platform Aevo released the criteria for token allocation to users on the airdrop’s launch day, March 13. The time has finally arrived. Claim your $AEVO airdrop here: https://t.co/9hHwpPM1fx pic.twitter.com/xQN2EM5hYT — Aevo (@aevoxyz) March 13, 2024 The decentralized exchange distributed 30 million AEVO among users from a total issuance of 1 […]

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ForkLog 30 11.03.2024

DeDust.io to Distribute $1 Million in Tokens to Liquidity Providers

The decentralized exchange on The Open Network (TON) blockchain, DeDust.io, will distribute rewards to liquidity providers totaling $1 million, based on the rate as of March 11, 13:00 (UTC). This was reported to ForkLog by representatives of the project. Daily distribution in the UP/TON pool amounts to approximately $12,000 in tokens from the launchpad TonUP […]

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ForkLog 14 06.03.2024

WOOFi DeFi Platform Suffers $8.75 Million Loss in Cyber Attack

The team behind the decentralized exchange WOOFi has reported an exploit of its swap service on the Arbitrum L2 network, resulting in a loss of $8.75 million. Earlier today we identified an exploit of WOOFi Swap on Arbitrum. Within 13 minutes, the threat had been contained and we marked all other WOO contracts as safe. […]

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ForkLog 11 01.03.2024

PirateCash to Participate in Blockchain Life 2024 Forum

On April 15 and 16, the international forum Blockchain Life 2024 will take place in Dubai, bringing together over 8,000 attendees from 120 countries. Among the participants are the developers of the cryptocurrency PirateCash (PIRATE), including the project’s CEO and CTO, Dmitry Korniychuk. PirateCash is a cryptocurrency based on the Proof-of-Stake (PoS) consensus algorithm with […]

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