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Uniswap, the largest decentralized exchange (DEX), has reached an impressive milestone this week. It has exceeded $3 trillion in total all-time trading volume. This milestone is a powerful testament to Uniswap’s importance in the decentralized finance (DeFi) ecosystem. It further highlights the platform’s strong influence on the overall cryptocurrency market....
The crypto world does pant after a shiny new object, right? Bitcoin Solaris (BTC-S) is the most recent to bask in that glow, with assurances of easier mining, energy efficiency, and gold-rush opportunities. Like most cynical blockchain editors, I’ve seen so many projects and ideas go bust that I understand...
No doubt Uniswap has achieved an historic milestone in the cryptocurrency world. Lifetime trading volume surpassing $3 trillion, it is now the first decentralized exchange (DEX) to do so. This milestone further cements Uniswap’s critical role in the history of decentralized finance (deFi). Fittingly, Uniswap founder Hayden Adams had the...
Three trillion dollars. Let that sink in. Only Uniswap, the decentralized exchange darling that may end up with a very different legacy, has reached that milestone – in lifetime trading volume. Founder Hayden Adams is rightfully celebrating. The headlines are screaming "DeFi Success!" But before we uncork the champagne, let's...
DeFi, short for Decentralized Finance, is still one of the hottest trends in crypto enabling new financial alternatives to everything from saving to insurance. Of all the sectors in DeFi, Decentralized Exchanges (DEXs) and Lending protocols are the most important sectors of DeFi. Right now, DeFi lending protocols maintain a...
Let’s face it, the DeFi narrative for most of 2021 was centered around DEXs. Decentralized exchanges were meant to be the next big thing, the promised land where anyone could freely trade anything, at any time, all without permission. Remember the hype? The insane APYs? The promises of financial freedom?...
DEXs. Decentralized Exchanges. Sounds futuristic, right? Enjoy grassroots movements such as sticking it to the man and taking control of your finances. In a way, it is. Let's be brutally honest: diving into the DEX world without a life raft of knowledge is like swimming in shark-infested waters with a...
Picture Amina, a dynamic and creative Kenyan entrepreneur hawking her colorful beadwork at the local market. For years, she has been constrained by high transaction fees and slow international payments. This severely limited her ability to grow her business beyond the personal networks of her community. This is not only...
Decentralized exchanges (DEXs) have quickly become the bedrock of the decentralized finance (DeFi) ecosystem. They’re a fundamentally different way to trade cryptocurrencies than centralized exchanges (CEXs). DEXs eliminate intermediaries by leveraging blockchain technology to facilitate direct peer-to-peer trading between users. This obviates the need for a central party to facilitate...