DEX | ForkLog - Part 8

ForkLog 28 24.04.2025

Are users shifting to DEXs?

How many users are abandoning centralised exchanges (CEXs), and can decentralised rivals (DEXs) seize the initiative? Fedor Ivanov, director of analytics at Shard, shares his view with ForkLog readers. How US and EU pressure affects exchanges Crypto exchanges have long been seen as analogues of traditional financial institutions, chiefly banks. Regulators, however, are only now […]

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ForkLog 13 21.04.2025

Cryptocurrency Exchange Volume Hits Six-Month Low Amid Rising Derivatives Demand

On April 20, the combined trading volume (7 DMA) on platforms such as Binance, Coinbase, and Bitfinex fell to $30 billion—its lowest since mid-October 2024. This data was reported by The Block. Source: The Block. From a peak in early December ($132 billion), the figure has plummeted by more than 75%. Similar trends are observed […]

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ForkLog 15 16.04.2025

Raydium Unveils Token Launch Platform

The decentralised exchange Raydium has introduced its March-announced token launch platform, LaunchLab. Introducing LaunchLab, Raydium’s all-in-one token launchpad. Built for Creators, Developers, and the Community ?https://t.co/yZVzShVZSJ More info ⬇️ pic.twitter.com/r6s1DAegWf — Raydium (@RaydiumProtocol) April 16, 2025 According to the developers, the platform offers seamless and free creation of Solana tokens. Instead of writing code, users […]

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ForkLog 47 15.04.2025

Axiom’s Meme-Focused Solana Exchange Surpasses $100 Million in Trading Volume

On April 14, the daily trading volume of Axiom, a platform specializing in “meme coins,” exceeded $100 million for the first time. This data is presented in Dune Analytics. Data: Dune Analytics. The share of DEX in the segment reached approximately 50%. Data: Dune Analytics. The number of Axiom users reached a record 26,769. Data: […]

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ForkLog 178 14.04.2025

Zero-fee perpetuals and full asset control: a review of KiloEx DEX

Sixteen years on, cryptocurrencies have gone from a geeky toy to an industry with a market capitalisation of more than $2.8trn. One popular way to make money in the market is trading perpetual futures contracts. Together with the decentralised exchange (DEX) KiloEx, we examine this instrument and explain how to save on fees without putting […]

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ForkLog 154 14.04.2025

DeFi’s manipulation problem: what the “financial LEGO” conceals

The fast-evolving DeFi sector offers users undeniable advantages regardless of capital, age or country. With a smartphone and an internet connection, you can access savings, loans and other financial tools without KYC, paperwork or intermediaries. For the unbanked, it is a way to manage their own money without bureaucracy and other barriers; in high-inflation economies, […]

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ForkLog 141 10.04.2025

The price of popularity—and a lesson for all: Hyperliquid

After a generous airdrop in November 2024, the decentralised exchange (DEX) Hyperliquid drew industry-wide attention and topped trading volumes, ahead of Jupiter and dYdX. High transaction throughput, no KYC requirements and ample liquidity made the platform a welcoming venue for crypto whales. High-risk positions worth about $8m opened on the DEX on 26 March 2025 […]

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ForkLog 48 02.04.2025

Blum Announces Airdrop Conditions and Updates Roadmap

The developers of the trading app Blum have released the conditions for their token sale and updated the roadmap for the second and third quarters of 2025. Source: Blum. According to the stated conditions, participation in the spring airdrop requires holding 100,000 BP (Blum Points), using only one account, registering two referrals, and having either […]

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What is Curve Lend and how does its liquidation-protection mechanism work?

ForkLog 126 28.03.2025

What Is Curve Lend and How Does Its Anti-Liquidation Mechanism Work?

Curve Lend (or Llama Lend) is a lending platform from the creators of the decentralised exchange Curve Finance. The service is fully live on Ethereum, Arbitrum and Fraxtal.

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ForkLog 14 27.03.2025

Hyperliquid Whale’s Manipulation Ends in Losses, Exact Figures Unknown

A trader exploiting the liquidation mechanism on the decentralized exchange Hyperliquid in perpetual contracts for the JELLYJELLY token retains a balance of approximately $900,000 on the platform. In total, the exploiter deposited $7.17M to 3 Hyperliquid accounts and withdrew $6.26M, with ~$900K balance on Hyperliquid across two accounts which he is currently unable to withdraw. […]

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ForkLog 20 25.03.2025

PumpSwap DEX Surpasses $1.2 Billion in Trading Volume

The total trading volume on PumpSwap, a DEX from the “meme token factory” Pump.fun, exceeded $1.2 billion within a week of its launch. This is evidenced by a dashboard created by a trader known as Adam on Dune. Data: Dune. On March 24, daily fees on the platform exceeded $1 million, raising the project’s total […]

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ForkLog 95 24.03.2025

dYdX Allocates 25% of Fees for Token Buyback

On March 24, the decentralized cryptocurrency derivatives exchange dYdX initiated a buyback program for its native token, DYDX, dedicating 25% of its monthly commission revenue to this effort. The first-ever $DYDX Buyback Program is here ? Starting today, 25% of dYdX net protocol fees will be used to buy back DYDX tokens from the open […]

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#DEX