Fintec advisory firm Topaze Blue, in conjunction with Bancor, recently published a report about impermanent loss (IL) on Uniswap V3. They discovered that 49.5% of liquidity providers had suffered negative returns due to IL.The report said liquidity providers, during the analysis period, would have been better off if they just held their tokens.What is impermanent loss?Uniswap … [Read more...] about New report shows 50% of Uniswap V3 liquidity providers are losing money
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DEXs like Uniswap, PancakeSwap, and Curve saw a 550% growth last year
A new Chainalysis report has revealed that decentralized exchanges (DEX) are currently outgrowing their centralized counterparts as their numbers have spiked massively within the last year.Decentralized exchanges outgrow centralized exchangesAccording to the Chainalysis report, DEXs such as Uniswap, Curve, and PancakeSwap saw a growth of about 550% between August 2020 to … [Read more...] about DEXs like Uniswap, PancakeSwap, and Curve saw a 550% growth last year
Valour Uniswap exchange-traded product to increase UNI exposure
Valour, a Zurich-based exchange-traded products (ETP) issuer, announced the launch of a fully backed investment product to increase exposure to Uniswap decentralized exchange’s native token, UNI.The UNI token serves as the underlying asset within the Valour Uniswap ETP offering available as a fully backed passive investment product. The Uniswap ETP was launched on a European … [Read more...] about Valour Uniswap exchange-traded product to increase UNI exposure
Dune Analytics opposes $25M Uniswap grant to competitor
Dune Analytics, a decentralized finance (DeFi) analytics service, has voiced its opposition to a Uniswap (UNI) governance vote for “Community-Enabled Analytics” that would see fellow analytics provider Flipside Crypto managing about $25 million worth of UNI tokens.Tweeting on Thursday, Dune highlighted the lack of community attention to the matter while also stating that grants … [Read more...] about Dune Analytics opposes $25M Uniswap grant to competitor
Uniswap has now generated more than $1B in fees for liquidity providers
Leading decentralized exchange, Uniswap, has become the first DeFi protocol to generate more than $1 billion worth of platform fees for liquidity providers.On August 10, Lucas Outumuro, head of research at crypto data aggregator IntoTheBlock, shared a chart to Twitter showing that the combined fee revenues of Uniswap’s v2 and v3 Ethereum mainnet deployments have surpassed $1 … [Read more...] about Uniswap has now generated more than $1B in fees for liquidity providers