Matcha Meta urged users to revoke one-time approvals for SwapNet’s router contract after a smart-contract vulnerability saw as much as $16.8 million stolen on the Base blockchain.
Latest DEX News
A decentralized exchange (DEX) is a peer-to-peer marketplace where users can trade cryptocurrencies directly with each other without the need for a centralized intermediary like a traditional exchange.
DEXs operate using smart contracts on blockchains, facilitating greater autonomy, transparency and potentially lower fees. DEXs are crucial to the growing decentralized finance (DeFi) landscape.
Stay informed with Cointelegraph’s latest news and analysis on DEXs.
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Trove shocked the community last week with a last-minute decision to pivot its perps DEX from Hyperliquid to Solana, a move that upset many of its initial backers.
2313 - News
The decentralized perpetuals exchange said multiple core services were affected as it worked through a rollback and recovery process.
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The TROVE token generation event is still scheduled to proceed on Monday, despite the sudden pivot to Solana.
3360 - Newsletter
Bitcoin breached the $95,000 mark this week amid a wider market recovery, as investors digested regulatory delays to the much-awaited CLARITY Act in the US.
3447 - Market Analysis
Ethereum remains the leader in total value locked, but declining usage and economic uncertainty in the United States may hinder a rally to $4,000.
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The eight-figure investment in Genius Trading highlights how execution-focused tools are gaining relevance as crypto trading activity spreads across blockchains.
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January’s unlock calendar is heavily concentrated, with four major projects accounting for more than one-third of all tokens set to enter circulation.
6523 - Analysis
Solana’s bid to move beyond memecoins will depend on whether its upgrades can deliver predictable execution for serious onchain finance.
3658 - News
Trading activity concentrated in the second half of the year as Hyperliquid’s early lead faced increasing pressure from Aster and Lighter.
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Bubblemaps said Lighter airdropped $675 million in LIT — one of crypto’s biggest ever — as data shared on X suggested about 75% of recipients were still holding.
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Lighter’s LIT token launch sparked debate over insider ownership, while prediction markets and whale trades revealed divided expectations regarding valuation.
3574 - News
Polymarket traders price an 86% chance of Lighter’s airdrop by the end of 2025 as the DEX opens wallet allocation forms and redistributes slashed points.
2055 - News
Hyperliquid said that the wallet flagged by its community for insider HYPE shorting belongs to a former employee dismissed in early 2024.
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Uniswap’s fee switch proposal, designed to boost its token’s supply-demand dynamics via token burns, has passed a community vote threshold and is set to take effect this week.
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