OKX DEX Relaunches With Enhanced Security Features
OKX DEX restarted operations on May 5, 2025, introducing a real-time abuse detection system, as announced by OKX founder and CEO Star Xu in an X post. This restart comes…
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DeFi’s Unfair Advantage: How MEV and Front-Running Hurt Traders
Unfair trading practices like MEV, slippage, and front-running have long plagued decentralized exchanges, eroding both profits and the core principles of fairness. David Wells suggests that traders can spot these…
Hacked Decentralized Exchange Kiloex Claims All Stolen Funds Have Been Returned
The decentralized exchange Kiloex, which was recently hacked, announced that all stolen funds have been recovered. The company stated that it is now working with legal authorities and experts to…
Pumpswap Hits Record $488 Million in Daily Trading Volume, Eyes Market Growth
Pumpswap, the latest decentralized exchange (DEX) from Pump.fun, has hit record highs in daily and weekly trading volume, reaching $488 million and $1.55 billion, respectively. Despite its rapid growth, Pumpswap…
Hyperliquid’s Emergency JELLY Delisting Saves $240M but Sparks Centralization Backlash
Hyperliquid, a decentralized exchange (DEX) platform, delisted the JELLY token on March 26, 2025, following suspected market manipulation that triggered a $10.63 million loss, prompting emergency intervention by its validator…
DeFi Platform Abracadabra Hit by Hack, Offers Reward for Return
Abracadabra Finance confirmed a hack of its GM cauldrons products, resulting in a loss of 13 million MIM stablecoins. Reward Offered to Hackers for Return of Stolen Funds The decentralized…
DEX Platform Pancakeswap Dethrones Uniswap in Weekly Volume Race
Per data aggregated from coinmarketcap.com and defillama.com, the decentralized exchange (DEX) platform Pancakeswap has eclipsed Uniswap in seven-day trading volume this week. DEX Volume Wars Analytics unveiled via a Sunday…
Pump.fun’s New Pumpswap Exchange Targets Solana’s Meme Coin Ecosystem
Pump.fun launched Pumpswap, its proprietary decentralized exchange (DEX) on the Solana blockchain, on March 20, 2025, to facilitate the trading of tokens created through its platform, according to the platform’s…
OKX Halts DEX Aggregator Amid Bybit Hack Fallout
The crypto exchange and blockchain infrastructure provider OKX has “temporarily halted” operations for its decentralized exchange (DEX) aggregation app, “OKX Web3.” This decision comes after the firm previously clarified it…
Report: ‘Solana Is Drinking the Ethereum Milkshake’
Cryptocurrency exchange OKX says “Solana’s meteoric ascent redefined the potential of Web3,” in its 2025 “State of DEXs” report. Solana Is Surging While Ethereum Is Fighting for Relevance Says OKX…