News
Sui-based DEX Cetus offered the hacker a $6 million white hat bounty offer as the protocols are trying to recover the stolen $220 million, with $162 million remaining frozen.
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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.
- News
Sui-based DEX Cetus has been hit by an apparent hack, with onchain data showing rapid asset drainage despite the team portraying the incident as a “bug.”
10166 - News
A whale has stunned crypto watchers by making $36 million on a $1.1 billion long Bitcoin bet at 40x leverage as Bitcoin neared $112,000.
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The decentralized exchange has hit a total volume milestone, but TVL remains about half of what it was in 2021.
5264 - News
The total value locked in DeFi lending protocols has risen to new heights this bull cycle while DEXs have lagged in comparison. A crypto VC explains why.
3693 - Altcoin Watch
SOL futures data shows a sharp uptick in leverage use, but SOL’s negative funding rate raises doubts on whether traders are bullish or bearish.
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The stolen $330 million was laundered through 300 wallets and 20+ exchanges, experts told Cointelegraph.
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Solana outperformed rivals with 33% higher DEX volume, 400% more transactions, and 180% more active addresses over the past three months.
4689 - Analysis
We analyzed the performance of Telegram bots, AI agent bots and CEX/DEX bots to help traders decide which bot is best.
5029 - News
Raydium says LaunchLab provides memecoin enthusiasts with customizable bonding curves and no migration fees.
4271 - Altcoin Watch
The Solana network saw an uptick in deposits over the past week. Is this enough to sustain a rally toward $180?
4811 - News
PumpSwap processed $2.5 billion in weekly trades, with record-breaking daily fees and over 500 wallets earning $1 million or more from memecoin trading.
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KiloEx said it would pursue legal action and expose the hacker’s identity if they didn’t accept the white hat bounty offer.
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Cosmos has launched Eureka, an upgrade to its inter-blockchain protocol (IBC) that enables native interoperability with Ethereum, allowing developers to build multichain apps.
4595 - Explained
Ghibli-themed memecoins are taking off on Solana. Taking inspiration from the artwork of the famous Studio Ghibli, they demonstrate how AI art has evolved into a crypto craze.