DEX

DRIFT is airdropping over 100 million tokens. (Drift Protocol)
Solana DEX Drift to Airdrop 100M Tokens in Weeks
Some surprise winners in Drift's road to decentralization include MetaDAO.
DRIFT is airdropping over 100 million tokens. (Drift Protocol)

Figure Technologies CEO Mike Cagney (CoinDesk archives)
Crypto Exchange Figure Markets Has a Plan to Democratize Finance
What appears to be another post-FTX trading-and-custody play with institutions in mind, is really all about visionary disruption.
Figure Technologies CEO Mike Cagney (CoinDesk archives)

Top blockchains by DEX volume. (DefiLlama)
Solana Leapfrogs Ethereum on DEX Volume
The meme coin frenzy seems to have catalyzed higher volumes on the Solana blockchain, which also boasts greater capital efficiency than Ethereum.
Top blockchains by DEX volume. (DefiLlama)

Aevo volume (DefiLlama)
Billion-Dollar Volumes and Then a Steep Drop Prompts Allegations of Wash Trading on Aevo
In response, Aevo says customers suddenly traded more on its decentralized exchange to try to get some of its airdrop.
Aevo volume (DefiLlama)

Pancakeswap is adding features. (Mae Mu/Unsplash)
PancakeSwap Decentralized Exchange Unveils Version 4 to Make Trading More Efficient
The DEX plans to add four features designed to make trading faster, cheaper and more customized in the third quarter.
Pancakeswap is adding features. (Mae Mu/Unsplash)

Base booth at ETHDenver (Danny Nelson/CoinDesk)
Crypto Trading Platform Avantis Opens Perpetual Swaps DEX on Base Network
Avantis said it saw over $5 billion in trading volume from 50,000 wallets during its two-month testnet run.
Base booth at ETHDenver (Danny Nelson/CoinDesk)

Planet Jupiter and its great red spot
Jupiter’s JUP Rallies On With Solana Supporters Leading the Charge
One of the most-anticipated airdrops faced social media ire over its novel token distribution plan.
Planet Jupiter and its great red spot

16:9 Portal, door, entrance (Tama66/Pixabay)
Fintech Provider Portal Raises $34M Seed Round for Bitcoin-Based Decentralized Exchange
Portal aims to offer a decentralized infrastructure for peer-to-peer swapping of BTC across different blockchains without the need for intermediaries, which heighten the risk...
16:9 Portal, door, entrance (Tama66/Pixabay)

Planet Jupiter and its great red spot
Solana Trading Aggregator Jupiter Sees Trading Volumes Jump Ahead of JUP Issuance
The platform settled over $500 million in trades on Sunday, briefly becoming the biggest on-chain trading platform.
Planet Jupiter and its great red spot

Coinmarketcap
dYdX Tops Uniswap as Largest DEX by Volume
The decentralized exchange, which last year moved over to the Cosmos blockchain, just saw $757 million of volume over a 24-hour period.
Coinmarketcap