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Showing posts with the label uniswap

Uniswap’s $73B Growth Fuels Optimism for DeFi and the Best Presales After Leadership Change

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Altcoins With ‘Strong Fundamentals’ Will Shine After Bitcoin Rally, Says Crypto Trader – Here Are His Top Picks

A popular crypto analyst is outlining which altcoins he think will shine after Bitcoin’s (BTC) price rally. The trader Ali Martinez tells his 99,500 followers on the social media platform X that the key to betting on altcoins is to invest capital early in projects with strong fundamentals. “Forget the meme coin FOMO and the X chatter about overnight meme millionaires. That’s luck, not strategy. If you’re in this game for sustainable gains, focus on projects with real utility that are building something substantial. Here are a few worth watching: Worldcoin: A fresh project with ambitious goals in identity and global finance. Uniswap: The OG of decentralized exchanges with staying power. AAVE: A DeFi powerhouse, already showing strength. Chainlink: The backbone of decentralized oracles, with consistent adoption. Maker: A key player in stablecoins and DeFi. ONDO: Tapping into the rising narrative of tokenized real-world assets. Solana: Speed, scal...

Crypto trader turns $135 into $124,000 in 2 weeks 

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Following the sudden surge in the value of the meme cryptocurrency First City in Mars (TERMINUS), a trader capitalized on the momentum to record a 920-fold return on their initial investment. On-chain data indicates that the anonymous trader turned a $135 investment into a massive $124,000 in just two weeks, thanks to the explosive growth of TERMINUS, according to Lookonchain Analysis in an X post on September 21. Crypto trader’s returns in TERMINUS. Source: Dex Screener The token, traded on Uniswap and paired with Ethereum (ETH), experienced an astronomical rise following speculative social media posts about Elon Musk’s future Mars colony. Picks for you Investor predicts crypto to $10 but dumps millions below $4 – Why? 8 mins ago ...

Uniswap earned more than $1m in fees in one month

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Transaction fees on the decentralized cryptocurrency exchange Uniswap have surpassed the $1 million mark. According to The Block, over the past 25 days since the introduction of user interface fees, the platform has accumulated a total of $1.1 million. The average income from commissions per day is about $44,000 and, on an annualized basis, can exceed $16 million. Uniswap transaction fees | Source: The Block According to Dune Analytics, over the past 24 hours, more than 16% of all trading transactions on Uniswap occurred on the interface. You might also like: Uniswap to charge 0.15% swap fees in web app and wallet Uniswap fees introduction In mid-October, Uniswap began charging a 0.15% fee for swaps on its web app and wallet. The platform deducts the fee from the output token amount. According to representatives, all proceeds will go to developing future projects and products of the cryptocurrency platform. At the same time, in June of this year, 45% of Uniswap com...

Uniswap DAO supports investing $12m in DEX for 20% stake

Uniswap DAO has backed a proposal to invest 3 million UNI ($12 million) from its treasury into the decentralized exchange Ekubo in exchange for a 20% share of the governance token. Ekubo is a decentralized exchange on Starknet that has a value of $2.5m locked into its smart contracts, according to DefiLlama. “We at Ekubo, Inc. believe this is a vitally important step in the decentralization of Uniswap protocol development, effectively onboarding the Ekubo team as core developers.” Ekubo founder Moody Salem The vote included 21 million UNI tokens in favor of the decision and 12 million UNI tokens against it. Therefore, 63% of the voting tokens supported this move. Five token holders received 97% of the votes in favor of this decision. In total, more than 3,500 votes were cast. You might also like: Uniswap to charge 0.15% swap fees in web app and wallet According to Salem, if the proposal passes the proper vote, 3 million tokens will be used to fund Ekubo’s ope...

European regulators assess DeFi risks, Uniswap launches Android wallet: Finance Redefined

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EU securities regulators have their eyes on DeFi, and the top 100 DeFi tokens had mixed price action over the past week, with most trading in a tight range. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. In this week’s newsletter, European securities regulator s have published a report on the DeFi ecosystem that lists the risks it poses to the European Union’s financial system — but also highlights the benefits of DeFi. Uniswap has launched Android wallet beta on Google Play, with the app gaining popularity among desktop and Apple iOS users. DeFi platform Star Arena recovered 90% of stolen Avalance (AVAX) tokens after offering a $250,000 bounty, and Platypus Finance fell victim to another flash loan attack. The top 100 DeFi tokens had a mixed week in terms of price action, with most of the tokens trading in the same range or slightly higher tha...

Uniswap DEX Volume Dips Amidst V4 Buzz

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Uniswap has garnered significant attention recently after releasing the code for its V4 update. The upcoming launch is intended to address the limitations of the previous versions. Uniswap’s initial release was renowned for its user-friendly and straightforward nature. The latest version intends to maintain the same principles. Uniswap V4 is introducing a new feature that departs from the previous version, where liquidity pools and concentrated liquidity were created. The upcoming version will enable the creation of pools with dynamic fees. This means that during periods of high trading volume, the fees may decrease. However, they may increase during times of low trading volume. Also Read: Uniswap Labs Shares Roadmap for Uniswap v4 Despite the excitement and advancements associated with Uniswap V4 , they did not translate into a significant impact on the network’s decentralized exchange [DEX] volume. Recent data revealed that the DEX volume for June amounted t...