Breaking News: DEXS – Market Insights, Analysis & Latest Updates

Security firm Fuzzland finds a way to reverse exploits

Fuzzland has recovered over $15 million in stolen crypto using hijacking and backrunning strategies, focusing on smart contract auditing and security in the DeFi space.

theblock.co • 07/08/2024 - 18:56 PM

Ethena's USDe sees nearly $100 million in redemptions this week in 'stress test' for synthetic dollar

Ethena's USDe stablecoin saw nearly $100 million in redemptions amid market turbulence, maintaining its dollar peg through derivative strategies and an increased token supply amid crypto sell-off.

theblock.co • 06/08/2024 - 09:20 AM

DeFi liquidations hit yearly high above $400 million in past 24 hours amid market turbulence

On-chain liquidations in DeFi protocols have hit a yearly high, surpassing $400 million amid increased market volatility, affecting Ethereum, Bitcoin, and lending platforms like Aave.

theblock.co • 05/08/2024 - 06:18 AM

Polymarket crosses $1 billion in cumulative volume, driven by US political bets

Polymarket, a decentralized prediction market, exceeded $1 billion in trading volume, driven by political event speculation and a growing user base, particularly around the U.S. presidential race.

theblock.co • 02/08/2024 - 08:21 AM

Raydium, Pump.Fun and Jito lead as Solana’s top fee generators

Solana's on-chain activity surged, with Raydium leading in DEX fees, Pump.Fun thriving in memecoins, and Jito excelling in MEV tips, driving significant user engagement.

theblock.co • 02/08/2024 - 06:18 AM

Kujira token drops 40% as team's on-chain leveraged positions get liquidated

Kujira's KUJI token dropped 40% due to liquidations from the foundation's leveraged operations, resulting in $2 million debt and community impact.

theblock.co • 01/08/2024 - 12:45 PM

ZachXBT alleges Alameda-backed ZKX announced raise and launched token despite shutdown risk

ZKX is shutting down due to minimal user engagement and funding issues, prompting investor concerns over the project's viability and potential misrepresentation.

theblock.co • 01/08/2024 - 12:33 PM

ZachXBT alleges Alameda-backed ZKX announced raise and launched token despite shutdown risk

ZKX, a derivatives trading DEX, is shutting down due to funding issues, prompting allegations of misleading practices and 'rugpull' accusations from the community.

theblock.co • 01/08/2024 - 12:33 PM

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Nansen CEO launches memecoin that hits $6 million market cap within a day

Alex Svanevik, CEO of the onchain analytics platform Nansen, launched a new memecoin called IQ. Svanevik used a platform called MakeNowMeme to create the token.

theblock.co • 31/07/2024 - 15:44 PM

Elixir launches 'fully decentralized' synthetic dollar aiming to challenge Ethena's USDe

Elixir has rolled out its synthetic dollar ‘deUSD’ to challenge Ethena’s USDe. Elixir claims to have $1 billion in liquidity lined up to back the new yield-bearing token.

theblock.co • 31/07/2024 - 14:05 PM

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