Ronin’s Katana DEX is set to launch a v3 upgrade, focusing on improving liquidity efficiency and capital utilization. The update, which will roll out in November, introduces concentrated liquidity pools and customizable fees, offering better trading depth and reduced slippage. As part of the upgrade, Ronin will also cut its liquidity mining rewards by 50%,…
Ethereum’s position in DEX trading is changing, according to the CoinGecko Q3 crypto industry report released on Oct. 14. The network remains the dominant chain for decentralized exchange, but its market share consistently fell below 40% during the quarter. Trading volume on Ethereum trended downward between July and September, with its cumulative volume 19.6% lower…
Dydx has announced its integration of the Phantom Wallet, a leading Solana-based non-custodial wallet, into its decentralized finance (defi) platform. This integration aims to simplify access for over 7 million Phantom users, aligning with Dydx’s goal to broaden participation in decentralized trading. Phantom Wallet Is Now on Dydx, Enhancing User Access The new integration allows…
September 25, 2024 at 03:45 AM GST updated: September 24, 2024 at 08:05 PM 3 mins read News Bitcoin revolutionized digital transactions by eliminating intermediaries, allowing peer-to-peer payments. Ethereum’s ongoing network updates have strengthened its role as a global platform for decentralized applications. BabyDoge expands its ecosystem with an AI image generator and NFT capabilities,…
Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC token is essentially a wrapped version of bitcoin, fully backed by BTC held in Coinbase’s custody. Coinbase Wrapped Bitcoin Opens New Defi Opportunities According to the San Francisco-based crypto exchange,…
Over the past few months, both Bitcoin and Ethereum users have noticed a noticeable drop in transaction fees. Ethereum’s network transfer fees, in particular, have fallen to such low levels that Etherscan, a leading Ethereum block explorer, has recently added decimal points to its gas tracker after fees dipped below 1 qwei. Etherscan’s New Decimal…