Trading Contest on Synthetix Aims to Showcase Speed of New DEX Tech
Synthetix is putting over $40,000 in crypto on the line to entice users to try out the faster beta of its decentralized exchange (DEX).
June trading volume on decentralized exchanges set a record high of $1.52 billion, up 70% from May.
Bitcoin experienced a dip on Wednesday, but equities and other assets also dropped on an uncertain economic outlook.
Equities show strength as bitcoin stays rangebound above $9,000.
Bancor, the decentralized exchange (DEX) protocol, has seen a number of interesting developments in the first half of 2020.
DeversiFi says it has received interest in its DEX's privacy features from more 70 funds.