In a Tweet posted by user @cryptotutor Friday, a screenshot appears to show a 27% spread between stablecoin Magic Internet Money (MIM) and USD Coin (USDC) trading pair on decentralized exchange, or DEX, Uniswap (UNI). Both have a theoretical peg of 1:1 against the U.S. Dollar."Magic Internet Money," joked cryptotutor, as he attempted to swap approximately $1 million in MIM but … [Read more...] about Users flock to Curve amid lack of stablecoin liquidity on major DEXs
Liquidity
Enter Fantom’s “Curve Wars”: How Andre Cronje and Daniele Sesta are changing liquidity provision
In the past three weeks, two of the biggest names in DeFi – Andre Cronje and Daniele Sestagalli – have been hyping up crypto twitter on an upcoming collaboration project to be launched on Fantom.The name of the project was finally unveiled to be “Solid Swap” on a recent Frog Radio podcast, an automated market maker (AMM) decentralized exchange.How is Solid Swap … [Read more...] about Enter Fantom’s “Curve Wars”: How Andre Cronje and Daniele Sesta are changing liquidity provision
Binance Invests $12M in Liquidity Platform WOO Network
WOO Network provides liquidity to over 40 institutions, exchanges, trading teams, wallets and decentralized applications. The company’s products include WOO Trade, a platform for institutional investors, and the retail-focused WOO X, which combines zero-fee trading and deep liquidity. Source link … [Read more...] about Binance Invests $12M in Liquidity Platform WOO Network
Multichain liquidity aggregator Symbiosis to list on Bybit and Gate
› DeFiProtocol breaks up the status quo in blockchain interoperability with a one-click solution for any-to-any token swaps regardless of the networks, both EVM and non-EVM are supported. Sponsored · December 2, 2021 at 1:22 pm UTC · 2 min read Source link … [Read more...] about Multichain liquidity aggregator Symbiosis to list on Bybit and Gate
Qilin Puts Liquidity at the Heart of Crypto Derivatives
Qilin’s technical team has been active in the crypto markets since 2017. It has extensive experience of public blockchain development in multiple major blockchains and has been developing in DeFi since 2018. Another part of the team behind Qilin Protocol comes from a market making background. Over the years, having served over 400 crypto projects, Qilin has ascertained key … [Read more...] about Qilin Puts Liquidity at the Heart of Crypto Derivatives