PancakeSwap’s 2024 trading volume surged to $310 billion, driven by DeFi growth, layer-2 adoption and user-focused upgrades.
Decentralized Exchange news
It will be among the first tokens to launch on Hyperliquid, a layer-1 network specializing in trading.
The DeFi protocol also launched an in-house perpetuals trading app.
Solana’s onchain and derivatives data suggest that SOL could make a run back toward its all-time high in the short term.
November’s gains have pushed DeFi’s total value locked back to levels last seen in 2021, reaching $118.4 billion on Nov. 25.
Solana’s monthly DEX volume surpasses $100 billion for the first time, fueled by high network activity and the memecoin frenzy.
Holders of Blackrock’s tokenized money fund can now tap into DeFi opportunities while earning interest from United States Treasury bills, Securitize said.
PancakeSwap’s new Telegram bot lets users trade over 3,000 tokens from the app, highlighting DeFi’s growing accessibility.
SolFi is a spinoff of the crypto investment platform focused exclusively on Solana, DeFi Technologies said.
The election of a pro-crypto President and pro-crypto lawmakers in the United States has brought renewed attention to the crypto markets.