The first decentralized exchange on the Dfinity Foundation’s Internet Computer blockchain went live this week, following up on the recent release of a new whitepaper. And according to information shared with Cointelegraph, there are already two other exchanges in the works. The first version of the new DEX called Sonic launched to mainnet on Sunday. There are initially only … [Read more...] about First DEX on Internet Computer launches, others coming soon
DEX
Cardano Price Surges on SundaeSwap DEX Catalyst
“While the DEX’s smart contracts have been fully audited and the DEX will meet all industry standards for security, the implementation of fully decentralized governance will not be immediately possible due to existing transaction size limits on the Cardano blockchain,” the team explained in the post. Source link … [Read more...] about Cardano Price Surges on SundaeSwap DEX Catalyst
Polkadot Gets DeFi Building Block as DEX Aggregator Dot Finance Migrates From BSC
Dot Finance automates and maximizes rewards for its users and helps them earn fees from other DeFi services, such as lending, trading, and borrowing. Similar to other DeFi applications, Dot Finance uses smart contracts instead of third parties to provide financial services to users, such as lending, trading, and borrowing. Source link … [Read more...] about Polkadot Gets DeFi Building Block as DEX Aggregator Dot Finance Migrates From BSC
Former SushiSwap CTO writes short reflection about leadership failures at blockchain DEX
On Friday, Joseph Delong, former chief technology officer of decentralized exchange, or DEX, SushiSwap, published a brief reflection of experiences during his tenure.Delong unilaterally resigned two days prior, citing internal structural chaos among developers behind the popular DEX. In explaining his decision, Delong outlined failures to scale operations, lack of organization … [Read more...] about Former SushiSwap CTO writes short reflection about leadership failures at blockchain DEX
DEX Aggregator 1inch Raises $175M in Funding Round Led by Amber Group
The exchange aggregator and liquidity protocol announced the raise on Wednesday, saying that investors valued the project at $2.25 billion. The Series B round was led by Amber Group, with over 50 additional investors participating, including Jane Street, VanEck, Fenbushi Capital, Alameda Research, Celsius, Nexo, Tribe Capital and Gemini Frontier Fund, according to a press … [Read more...] about DEX Aggregator 1inch Raises $175M in Funding Round Led by Amber Group