UmairPumpswap Hits Record $488 Million in Daily Trading Volume, Eyes Market Growth
Pumpswap, the latest decentralized exchange (DEX) from Pump.fun, has hit record highs in daily and weekly trading volume, reaching $488 million and $1.55 billion, respectively. Despite its rapid growth, Pumpswap…
Hyperliquid’s Emergency JELLY Delisting Saves $240M but Sparks Centralization Backlash
Hyperliquid, a decentralized exchange (DEX) platform, delisted the JELLY token on March 26, 2025, following suspected market manipulation that triggered a $10.63 million loss, prompting emergency intervention by its validator…
CEX dominance persists despite rapid growth in DEX volumes
CEXs Centralized exchanges are dominated by a few big players, with Binance far outpacing all others in trading volume. With around $17 billion in 24-hour volume recorded on March 25,…
dYdX jumps 8% after introducing token buyback program to bolster network security
Decentralized trading exchange dYdX has introduced a token buyback program to strengthen network security and enhance the utility of its native token, DYDX. According to a March 24 announcement, the…
DEX Platform Pancakeswap Dethrones Uniswap in Weekly Volume Race
Per data aggregated from coinmarketcap.com and defillama.com, the decentralized exchange (DEX) platform Pancakeswap has eclipsed Uniswap in seven-day trading volume this week. DEX Volume Wars Analytics unveiled via a Sunday…
OKX Halts DEX Aggregator Amid Bybit Hack Fallout
The crypto exchange and blockchain infrastructure provider OKX has “temporarily halted” operations for its decentralized exchange (DEX) aggregation app, “OKX Web3.” This decision comes after the firm previously clarified it…
