Paxos to Launch Stablecoin for Hyperliquid Ecosystem
The stablecoin infrastructure provider Paxos has unveiled a proposal to launch USDH, the first "stablecoin" in the lineup of the largest decentralized crypto derivatives exchange, Hyperliquid.
Paxos to Launch Stablecoin for Hyperliquid Ecosystem
The stablecoin infrastructure provider Paxos has unveiled a proposal to launch USDH, the first "stablecoin" in the lineup of the largest decentralized crypto derivatives exchange, Hyperliquid.
August Sees Trading Volumes on CEX and DEX Return to Early-Year Levels
In August, the combined trading volume on centralised cryptocurrency exchanges reached $1.86 trillion, a level last seen in January.
Phishing drains $27m from Venus user
A user of the Venus lending platform on BNB Chain lost roughly $27m to a phishing attack, PeckShield said.
Hyperliquid Sets New Revenue and Trading Volume Records
The decentralized exchange Hyperliquid achieved a record revenue of $106 million in August, marking a 23% increase from July.
Solana Traders Plummet by 80% Amid Rising Rug Pulls
The number of traders on DEX within the Solana network is steadily declining. Analysts attribute this to the increasing instances of fraud in the meme coin segment.
1inch Introduces Cross-Chain Swaps for Solana
DEX aggregator 1inch has launched the industry's first native decentralized swaps between Solana and all major EVM blockchains, as reported by project representatives to ForkLog.
Former Revolut Executive Launches DEX on Starknet Mainnet
The decentralized perpetual futures exchange Extended (formerly X10) has launched on the Starknet mainnet. Developers have migrated the project from the StarkEx platform. Extended enables trading of cryptocurrency and traditional market assets with leverage up to 100x. The project is led by former Revolut crypto operations head Ruslan Fakhrutdinov. The transition to Starknet will facilitate […]
PancakeSwap Introduces Perpetual Swaps for Apple, Tesla, and Amazon Stocks
The decentralized exchange PancakeSwap has added support for perpetual swaps on Apple, Amazon, and Tesla stocks, as announced in the platform’s blog. Source: PancakeSwap. Contracts for AAPL, AMZN, and TSLA track the prices of these securities on traditional markets, but their trading is limited to standard exchange sessions. Crypto and forex pairs like BTCUSD, ETHUSD, […]
Hyperliquid Sets New Record for Monthly Futures Trading Volume
In July, Hyperliquid recorded a new monthly high in perpetual futures trading volume, reaching $319.4 billion. According to DeFi Llama, this marks a 47% increase from June and a 28% rise from the previous peak of $248 billion in May. Source: DeFi Llama. The Solana-based DEX maintains its leading position in the decentralized futures segment, […]
Hyperliquid Reimburses Traders Nearly $2 Million
On August 4, the decentralized exchange Hyperliquid began compensating clients with a total of approximately $2 million following an API API malfunction. This is evidenced by data from Hypurrscan. Source: Hypurrscan. On July 30, traders of the DEX reported issues with order execution. Initially, users suspected a hacker attack was to blame. However, the Hyperliquid […]
Crypto Market Heats Up: CEX and DEX Volumes Near Winter Levels
In July, trading volumes on centralized cryptocurrency exchanges reached $1.71 trillion, marking the highest level since February 2025, according to data from The Block. This represents a 55% increase compared to June’s $1.1 trillion. Binance remained the leader in trading volume, with its figures rising from $436.24 billion in June to $683.41 billion, the platform’s […]
Hyperliquid to Compensate Users for Losses
The decentralised exchange (DEX) for trading perpetual futures, Hyperliquid, will compensate users who suffered losses due to a malfunction in the API. The project team announced this on Telegram. “We will publish details about the compensations in the coming days, once we develop an appropriate mechanism for affected users. Payments will be made automatically — […]We use cookies to improve the quality of our service.
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