Global #DEX

The UNI token has surged by over 15% to $6.81 after weeks of decline, driven by record trading volumes on the Uniswap decentralized exchange (DEX) and renewed attention on the contentious "fee switch" proposal.

Solana's decentralized exchange (DEX) activity has been steadily increasing, reaching impressive levels that rival Ethereum's.

Ethereal Exchange has officially submitted a proposal to Ethena governance, seeking community approval for the launch of a new decentralized exchange (DEX) that combines spot and perpetual trading.

The world of cryptocurrency offers a variety of platforms for buying, selling, and trading digital assets. One of the most critical decisions for crypto enthusiasts and investors is choosing between centralized and decentralized exchanges.

OpenOcean has carved a niche for itself in the ever-evolving cryptocurrency landscape by establishing itself as a leading decentralized exchange (DEX) aggregator and cross-chain swap aggregator. By intelligently routing trades across a vast network of DEXs, OpenOcean empowers cryptocurrency traders and investors to achieve the best possible returns on their transactions.

Over the past week, Cardano (ADA) investors faced challenges with declining prices. Nevertheless, there was a noticeable increase in interest within the DeFi sector.

The Shibarium network, essential to the Shiba Inu (SHIB) ecosystem, has experienced a significant increase in on-chain activity. Data from Shibariumscan shows that new transactions on Shibarium rose by almost 50%, climbing from 5,150 on Friday to 7,691 by Sunday. This surge indicates a rising interest in the network.

The daily trading volume of decentralized exchanges (DEX) on Solana [SOL] has decreased, contrasting with the figure three days prior, which exceeded $1.5 billion. This decline is notable compared to Solana's performance in April when its DEX volume reached a monthly high of $60 billion.

Robinhood, a trading platform known for its commission-free model, has introduced gas-free trading on Arbitrum, the leading Ethereum Layer 2 network by Total Value Locked (TVL).

ShibaSwap, the decentralized exchange (DEX) affiliated with the Shiba Inu (SHIB) cryptocurrency, announced its launch on Thursday on the Shibarium blockchain, an Ethereum layer 2 solution developed by the SHIB token team.

On May 14, a hacker began siphoning user funds from the decentralized exchange (DEX) Equalizer. The misuse of funds came to light when the Equalizer team alerted users via a post on X, advising them to cease interactions with the exchange.

The Solana (SOL) network has witnessed significant activity recently, largely driven by the surge in popularity of meme coins.