DEX

Traders are betting Vela, which means sail in Spanish, can take a share of the growing decentralized exchange activity on Arbitrum. (Johannes Plenio/Unsplash)
Decentralized Exchange Vela’s DXP Token Surges Ahead of Beta Release on Arbitrum
The utility token has rallied 50% in the past 24 hours and more than doubled since Wednesday ahead of the release of its widely anticipated beta version next week.
Traders are betting Vela, which means sail in Spanish, can take a share of the growing decentralized exchange activity on Arbitrum. (Johannes Plenio/Unsplash)

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Cardano DEXs Will Support Djed Stablecoin Liquidity Pools Starting Next Week
The issuance of Djed’s overcollateralized stablecoin has been a much-hyped topic in the Cardano community.
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The DYDX token unlock is reportedly being delayed. (Thom Milkovic/Unsplash)
DYDX Token Surges as Unlock Gets Delayed Until December
Next month's 150 million-token unlock has been reduced, with 83 million tokens allocated to investors being locked until December.
The DYDX token unlock is reportedly being delayed. (Thom Milkovic/Unsplash)

(Shubham Dhage/Unsplash, modified by CoinDesk)
Canto DEX Trading Volume Soars 200% Ahead of Proposals to Upgrade Network
The price of Canto's token has tripled since Jan. 1.
(Shubham Dhage/Unsplash, modified by CoinDesk)

Uniswap voters indicated support for a move to BNB Chain. (Unsplash/Modified by CoinDesk)
Uniswap Poll Shows 80% Support Decentralized Crypto Exchange's Move to BNB Chain
More than 20 million UNI were staked by community members to cast their votes.
Uniswap voters indicated support for a move to BNB Chain. (Unsplash/Modified by CoinDesk)

Crypto derivatives exchange dYdX is set to unlock its DYDX token. (Unsplash, modified by CoinDesk)
Crypto Analysts Warn Against Shorting DYDX Ahead of $200M Token Unlock
The token unlock, which will take place on Feb. 2, will release 150 million coins worth about $200 million and 15% of the total supply.
Crypto derivatives exchange dYdX is set to unlock its DYDX token. (Unsplash, modified by CoinDesk)

(Towfiqu Barbhuiya/Unsplash)
Raydium Exchange Exploiter Sends $2.7M to Tornado Cash
The exploiter sent a total of 42 transactions amounting to 1,774.5 ETH on Thursday.
(Towfiqu Barbhuiya/Unsplash)

Trader Joe is making changes to its tokenomics. (Trader Joe)
Avalanche DEX Trader Joe Plans to Make its Tokens More Valuable for Users
The platform aims to expand to Arbitrum and BNB Chain in the coming weeks and is changing part of how its tokens are rewarded and distributed.
Trader Joe is making changes to its tokenomics. (Trader Joe)

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Cosmos DEX Osmosis to Make Cross-Chain Trades More Efficient With Neon Upgrade
The upgrade would also make pricing ticks more efficient and will stave off liquidity attacks utilizing upward price manipulation.
(Getty Images)

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DeFi Protocol Sushi Lays Out 2023 Plans With Focus on DEX and User Experience
Sushi will release a DEX aggregation router in the first quarter of 2023, the protocol's CEO said.
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