On February 19, the decentralized AI neural networks algorithm protocol Uswap.ai announced the completion of 1.50 million US dollars financing, led by Waterdrip Capital. Uswap is a decentralized AI neural networks algorithm protocol that integrates AI agents into decentralized exchanges (DEX) and on-chain transactions, enabling the rapid creation of liquid pools of various consensus assets.
On January 23rd, the decentralized stablecoin protocol Frax Finance community launched a new proposal to authorize an initial investment of $5 million in the Trump family crypto project World Liberty Financial (WLFI), positioning FRAX as part of the WLFI ecosystem, plus subsequent investments of up to $10 million.
On January 15th, according to Scam Sniffer, the official Twitter account @dawninternet of DAWN, a decentralized autonomous wireless network project, was hacked and used to post phishing tweets. Please pay attention to the safety of funds.
On January 13th, M ^ 0 has adopted the Chainlink infrastructure to provide its "decentralized" stablecoin M with net asset value (NAV) data on Ethereum. By leveraging Chainlink's SmartData Asset Service Solution Suite, they are "increasing the transparency of $M." It is understood that M is an alternative token that can be generated by "locking eligible collateral in a secure off-chain facility". With the integration of Chainlink SmartData, it is now possible to "accurately and securely access o...
On January 2, Drift Protocol, a decentralized perpetual contract platform based on Solana, hinted that it may launch the second quarter of the airdrop in May 2025, with the airdrop token being FUEL.
CryptoRank data shows that among the top 15 blockchains for decentralized exchange (DEX) trading volume in 2024, Ethereum ($674 billion, up 46.3% YoY) and Solana ($626 billion, up 1049% YoY) are in the top two, followed by BNB Chain ($352 billion, up 178% YoY), Arbitrum ($252 billion, up 101% YoY) and Base ($222 billion, up 5.8% YoY). Blast ranked sixth at $133 billion, while Polygon ($49.80 billion, down 3.9% YoY) and Avalanche ($46.80 billion, up 105% YoY)...
On December 10th, Neptune Protocol, a decentralized lending platform based on the Eclipse blockchain, completed a $3.90 million seed round of financing, with investors including Bloccelerate, Animoca Ventures, CMS Holdings and Maelstrom. The project, co-founded by former Citibank and AngelDAO executives David Mass and Meir Bank, will launch an over-collateralized stablecoin USDN based on the Solana Virtual Machine (SVM). Neptune has partnered with several ecosystem partners, including Switchboar...
According to Token Terminal, decentralized exchange Curve Finance has achieved annualized revenue of nearly $37 million in the last 30 days, a figure that is up nearly 23% from the previous month, driven by increased demand for leveraged financing and the launch of new savings vaults and scrvUSD tokens. Curve's native token CRV has risen about 300% since Donald Trump won the US Presidential Election on November 5th. According to CoinGecko, CRV is now worth more than $1 billion.
Valantis Labs, the developer of modular decentralized exchange (DEX) protocol Valantis, has raised $7.50 million in pre-seed and seed rounds, valuing it at $40 million. Cyber Fund and Kraken Ventures co-led the pre-seed round and SevenX Ventures led the seed round. Other participants include Semantic Ventures, Figment Capital, Robot Ventures, Anthony Sassano and Sandeep Nailwal.
Linea, the Ethereum Layer 2 network developed by Consensys, continues to move in the direction of decentralization and announced the establishment of the Linea Association at Devcon in Bangkok, Thailand on November 13. The newly formed association will have three main goals: to support Linear technology, develop the Linea market, and further advance Linea's decentralization roadmap. One of the core features of the operation of the Linea Association is token holder governance, which means that Li...
According to The Block data, the share of decentralized exchanges (DEXs) in futures trading volume relative to centralized exchanges (CEXs) fell to 3.26% in September from a peak of 5.18% in February. The metric represents the ratio of futures trading volumes occurring on the DEX to futures trading volumes occurring on the CEX, indicating that users appear to be gradually moving towards centralized platforms. The data shows that Hyperliquid has become one of the largest DEX perpetual swaps platf...
On October 15, the decentralized exchange Bluefin partnered with Pyth Network to distribute 500,000 PYTH rewards. The rewards were snapshot on July 16 and October 7 respectively, and 20-2000 PYTH tokens could be distributed according to each level, and distributed to Sui wallet through wPYTH.
Router Protocol, a decentralized protocol that provides cross-chain communication and chain abstraction solutions, announced the integration of Solana, making it "the newest network to connect the Interchain ecosystem." Just a few weeks ago, Router integrated Osmosis to enable interoperability between the IBC and Tron ecosystems. (Coindesk)
On September 26th, decentralized crypto exchange ShereX announced the official launch of its mainnet, which is powered by zkLink Nova's Layer-2 extension technology. ShereX aims to ensure lower gas fees, more frequent transactions, high volume, and seamless scalability.
On September 25th, Facet, a decentralized computing platform on the Ethereum chain, published a statement on X saying that in the upcoming Facet v2, the fair launch of the native gas token FCT will enable Facet to achieve complete decentralization by eliminating the deployment of license contracts. Facet will continue to batch transactions through blob (EIP-4844) to achieve low transaction fees.