“UNI is in an excellent position to be a token for such an oracle,” said Buterin, in reference to decentralized pricing oracles for stablecoins.
Liquidity provider fees for Uniswap have surpassed BTC network revenue on a seven-day average.
A series of protocol upgrades and new liquidity integrations prove that 1INCH is aiming to increase its DeFi and DEX aggregator market share.
Altcoins continue to rally higher and Bitcoin’s repeat tests of the $58,000 level signal that bulls are building momentum.
Several users have aired complaints about the new version, especially its higher gas fees.
DeFi’s tremendous growth hasn’t come without obstacles, as the nascent industry still struggles with high costs, failed trades and front-running.
On May 6, 2021, the total locked value (TVL) held by decentralized finance (defi) is more than $77 billion. Much of this money is used by decentralized exchange (dex) platforms and liquidity pools. With dex platforms capturing over $2 billion in trade volume daily and $18 billion during the last seven days, a project called […]
Uniswap v3 starts off with a whimper, not a bang, and grifters galore in this week’s Finance Redefined.
Bitcoin is trying to stage a comeback in order to catch up with the spectacular price action seen in Ethereum and other altcoins.
Ethereum and a handful of altcoins have charged higher while Bitcoin struggles to find enough momentum to clear the $58,000 level.
Uniswap’s UNI gained momentum and traded to a new all-time high near $45.00 against the US Dollar. The price is likely to continue higher above $45.50 and $46.00 in the near term. UNI started a fresh increase after forming a base above the $40.00 level against the US dollar. The price is trading nicely above […]
After days of range-bound action, Bitcoin and many altcoins made a strong comeback today, indicating buying at lower levels.
After a sharp relief rally, Bitcoin price encountered resistance near $55,000, leading to a short-term pullback in select altcoins.
The v3 upgrade seeks to maximize capital efficiency, but it may worsen many impermanent loss-related issues that plague DeFi.
Ethereum’s new all-time high, a drop in Bitcoin’s dominance rate and overhead resistance at $55,000 have analysts predicting that an altcoin season is at hand.
Altcoins are notching double-digit gains as bulls push Bitcoin price back toward the $55,000 level.
Bitcoin price continues to come under pressure from sellers while Ether and BNB are attempting to buck the trend.
Although Bitcoin is struggling to recover from its recent crash, Ethereum is pushing toward a new high and prompting several altcoins to rally.
On Tuesday, the founder of the decentralized exchange (dex) Uniswap tweeted about the trading platform passing $10 billion in weekly trade volume for the first time. Decentralized trading volumes have grown massively, as dex platforms built on Ethereum have seen more than $18 billion in volume during the last week. Meanwhile, the dex Pancakeswap, an […]